Anixter Q1 2011 Security Sales Results Examined

Author: John Honovich, Published on May 28, 2011

In this note, we examine the security sales results and growth of Anixter for Q1 2011. While Anixter is traditionally a large scale distributor in the cabling and electronics market, their security presence has increased significantly in the last few years. Q1 2011 was the first full quarter after the acquisition of Clark Security Products (paying $36.6 Million for a company with $115 Million in sales - primarily for door and access hardware). The combination of Clark Security and organic growth in their security division combined for a 38% increase year over year.

A few key highlights from the Anixter Q1 2011 investor's call

  • "Security sales grew an estimated 18% compared to the first quarter of 2010, exclusive of foreign exchange effects and the Clark Security acquisition."
  • "Sales from security products now account for 24% of our worldwide Enterprise Cabling and Security end market."
  • "The trends toward Internet protocol-based security systems continue to create growth opportunities in both video surveillance and access control. The technology shift toward IP has further raised focus on the importance of infrastructure capable of supporting the IP-centric, higher-bandwidth applications increasingly being deployed."

Total Security Sales

We estimate that Anixter annual security sales is approximately $700 - $750 Million. While Anixter does not disclose this specific category in their regular reports, this can be deduced from statements in the call transcript.

  • Anixter's overall revenue is ~$5.5 Billion to $6 Billion
  • Anixter's Enterprise Cabling and Security group generates about 52% of overall revenue - ~$3 Billion
  • Anixter says that security products are 24% of overall Enterprise Cabling and Security (~$3 Billion x 24%)

Of this nearly 3/4 Billion in Annual Revenue, we can not reasonably guess the breakdown between video, access, etc. That noted, relative to the size of the global market, shows how significant a sales force Anixter has become in the last decade.

Comments : PRO Members only. Login. or Join.

Related Reports

Ubiquiti Protect Video Surveillance Profile on Nov 07, 2018
Ubiquiti has now been in the video surveillance market for 7 years (see our first coverage back in 2011). In that time, the company's revenue has...
Winter 2019 IP Networking Course on Nov 05, 2018
This is the only networking course designed specifically for video surveillance professionals.  Lots of network training exists but none of it...
Network Cable Shootout - Belden, Hikvision, Honeywell, NavePoint CCA, Windy City Wire on Nov 05, 2018
Every IP camera install needs UTP cabling. But how much of a difference is there between dirt cheap generic cables found online and the bigger,...
Wyze Explosive Growth Disrupting Consumer IP Camera Market on Oct 30, 2018
Wyze, a company founded only in 2017, is poised to disrupt the consumer IP camera market by combining American marketing and Chinese manufacturing...
Huawei To Be “Top Three Global Position” in Video Surveillance on Oct 29, 2018
Huawei - China’s biggest networking gear and smartphone maker - plans to become one of the top three global video surveillance manufacturers in...
Dahua Phasing Out FLIR Brand on Oct 26, 2018
8 months after Dahua acquired FLIR's SMB video surveillance business (their own OEM), Dahua has told dealers that it will be phasing out the use of...
When Your Salesperson Creates An International Incident (Amazon / ICE) on Oct 23, 2018
Having your salespeople be aggressive and go after big accounts is a virtue, mostly. On occasions, it can cause problems. A new case involves...
Hikvision Growth Declines Q3 2018 on Oct 22, 2018
Hikvision's growth continues to decline in 2018 going from: Q1 - 33% Q2 - 22% Q3 - 14.6% In this note, we examine Hikvision's newest Q3...
Geutebruck Company Profile on Oct 22, 2018
Geutebrück has been in business for nearly 50 years, but they are not well known within the US surveillance market. In this report, we profile...
Axis Strong US Growth, Flat EMEA - Q3 2018 Financials on Oct 18, 2018
This spring, Axis had its best financials in many years (see Axis Strong Q2 2018 Results). However, over the summer, Axis had many products sold...

Most Recent Industry Reports

Integrator Credit Card Alternative Divvy on Nov 13, 2018
Most security integrators are small businesses but large enough that they have various employees that need to be able to expense various charges as...
Directory of Video Intercoms on Nov 13, 2018
Video Intercoms, also known as Video Door-Phones or Video Entry Systems, have been growing in the past decade as more and more IP camera...
Beware Amazon Go Store Hype (Tested) on Nov 13, 2018
IPVM's trip to and testing of Amazon Go's San Francisco store shows a number of significant operational and economic issues that undermine the...
Magos Radar Company Profile on Nov 12, 2018
Magos America General Manager Yaron Zussman admits when he first came across Magos, he asked himself: "What's innovative about radar?" Be that as...
Genetec Privacy Protector Tested on Nov 12, 2018
Genetec has built Kiwi Security's Privacy Protector into Security Center, an analytic which anonymizes individuals in cameras' fields of view...
Chinese Government Increases Hikvision Ownership on Nov 12, 2018
The Chinese government - Hikvision's controlling shareholder - is increasing its ownership of the video surveillance giant amid sharp stock price...
Axis: "No One Wants To Buy A Camera" on Nov 09, 2018
Axis has, in its own description, made a bold declaration: The industry is changing so rapidly that the following statement might seem bold but...
Video Surveillance Hard Drive Size Statistics 2018 on Nov 08, 2018
What is the most common hard drive size for video surveillance? 150+ integrators answered: What size hard drive do you most commonly use? What...
Axis 2N Intercom Tested on Nov 08, 2018
Axis expanded its video intercom business buying Czech-based 2N in 2016. Despite competing against owner Axis' intercoms, 2N recently registered as...
Haven Targets School Security with Lockdown Lineup on Nov 08, 2018
Haven, a US startup founded in 2014 as a residential-focused company, has now raised funding and is offering a lineup of commercial grade locks for...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact