I wonder if these results include Tri-ed and Clark Security? Anixter has a lot of exposure in IP Video being heavily entrenched with Axis. I wonder if/when Axis will start feeling the pinch from declining prices driven by HIK/Dahua and from the popularity of HD Analog.
Anixter Security Slow Sales Continues Q1 2016
Published Apr 27, 2016 14:14 PM
Anixter shook things up in 2015, paying $420 million for Tri-Ed.
Now, nearly 2 years later, Anixter's slow security sales continue.
** **** ****, ** ******* *** contrast *******'* **** ****** **********.
Financial *******
*** ** ****, ******** ***** **** up **** *% ***********.
*******, ******* ***** [**** ** ****** available]:
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**** *** ******** ***** **** ** 2015's ******* ****** ** *%, ****** better ****** ****'* ******** ** ******.
Interpretation / ***** ********
** **** ***** ** ****** ******* given *** ********** ************ ****. ***** the ******* ****** *** ******** ** 'good', *** ********** ****** / ********** is ****** *** ********* ***** ******** in ******** (*.*., **** ******* ** Chinese ********, **** ** ** ** analog), ***** ****** ******* ****** *** also **** ******* **** *********** *** distributors.
****** **** *********** *** ********** **** declining ******* *******, ***** **** *** still **** (*** ****** ****) *****, distributors **** ******* ******* / ***** revenue *************. ** **** **** ********* from **** ************ ** *** **** year, *** **** ***** ******** **** Anixter ***** ** **.
******* ******* *** '***** ** ******' *** **** ******* ******* ******* looking ** *** *** ****. **** could ** ** ********** ******.
Comments (2)
UM
Undisclosed Manufacturer #1
Apr 27, 2016JH
John Honovich
Apr 27, 2016Yes, they include all security.
And, for the same time period, Axis grew 5% organic in the Americas (see Axis Q1 2016 Financial Results).