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23 January 2007

Sonepar 2006

An outstanding year

Sonepar’s consolidated sales in 2006 reached a historic high of 9.45 billion euros, up 22.7%. This figure reflects a record 15.4% autonomous growth rate*. Excluding our best estimates of the rise in copper prices (7%) and of the inflation rate for other products (3%), our effective growth in terms of volume was still over 5%.


In the industry consolidation trend currently underway, Sonepar has once again maintained its lead among electrical wholesalers worldwide.
  
Sonepar Chairman and CEO Marie-Christine Coisne-Roquette comments:

“While market expansion in most countries obviously helped in 2006, Sonepar’s ongoing dedication to customer service across our operating companies also paid off.
Since there is no guarantee that market growth will be sustained, this commitment is our most precious asset for the future. 
In addition, the increase in total sales reflects a balanced combination of internal and external growth.
I am very proud of our dynamic management and associates for delivering such successful performance.”


* Same scope of consolidation, exchange rate and business days.

 
 
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