Our focus remains on building our position overseas by developing our product offer and exploiting the full potential of eCommerce.
Oxford, UK (PRWEB UK) 7 November 2012
Electrocomponents plc (LSE:ECM), the world’s leading high service distributor of electronics and maintenance products, has been announced as a finalist for the 2012 International Trade Awards in the ‘Excellence in Innovation’ category.
The International Trade Awards are the only UK wide business awards to exclusively recognise the excellence achieved by the UK’s leading exporters and importers. The Excellence in Innovation award is presented to the company that shows outstanding innovation through the use of products, practices and services in the growth of its business.
Electrocomponents has operations in 32 countries and distributes to a further 37 markets worldwide. Through continuous investment in international expansion, new product introductions, improving its global supply chain capability and eCommerce effectiveness, the company’s international business has achieved average annual sales growth of 7% over the last ten years, around double the rate of average annual global GDP growth. The proportion of its total revenues accounted for by international sales has grown from 40% in 2000 to over 70% in 2012.
Ian Mason, Group Chief Executive, Electrocomponents, commented: "We are honoured to be named a finalist of the International Trade Awards. This achievement recognises our efforts to continuously grow and gain market share internationally. Our focus remains on building our position overseas by developing our product offer and exploiting the full potential of eCommerce."
The winners of the International Trade Awards will be announced at the UK Grand Final, held at The Brewery in London on 10 December 2012.
About Electrocomponents plc
Electrocomponents is the world’s leading high service distributor of electronics and maintenance products. With operations in 32 countries, we offer more than 550,000 products through the internet, catalogues and at trade counters to over one million customers, shipping more than 46,000 parcels on the same day the orders are received. Our products, sourced from 2,500 leading suppliers, include electronics, automation and control, test and measurement, electrical and mechanical components.
RS Components and Allied Electronics are the trading brands of Electrocomponents plc. The Group is listed on the London Stock Exchange and in the last financial year ended 31 March 2012 had revenues of £1.27bn.
For more information, please visit the website at http://www.electrocomponents.com.
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