We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
  • BUYER'S GUIDE
  • DIGITAL EDITIONS
Home » AD Announces 2020 Nine-Month Results

AD Announces 2020 Nine-Month Results

November 2, 2020
No Comments
AD Announces 2020 Nine-Month Results 2

Calling on strengths like adaptability, innovation, independence and leadership, the AD community is seeing signs of stabilization and recovery as it reports 2020 nine-month results. On a year-to-date basis, group purchases from AD suppliers were down slightly, by two percent. Net rebate distributions to members were at the same level as 2019. September’s member purchases from AD supplier partners saw a one-percent increase from the same time last year, the first increase since April.

On a same-store basis, member sales across all AD’s divisions and countries were down six percent through the first nine months of this year, to $33 billion. By business unit, nine-month plumbing, heating, cooling and piping same store sales were down two percent; electrical sales were down seven percent; building materials sales were down six percent; and industrial and safety sales were down nine percent.  

AD’s CEO Bill Weisberg said, “Our community has always been passionate about growth, and while we’re powering through and surviving the toughest times we’ve faced in a long time, we are making a collective commitment to getting back to what we do best: growing, leading and innovating. I’m immensely optimistic about our ability to rebound from these challenges and come back stronger than ever.”

Business Buying Groups Distributor HVAC Industry Community News Plumbing PVF Safety Wholesalers & Distributors
  • Related Articles

    AD Announces Record Results for First Three Months of 2022

    MRC Global Announces Third Quarter 2020 Results

    Ferguson Enterprises Announces Results for First Half of Fiscal Year 2020

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • Saniflo USA Donates to Virginia Technical Institute

  • Louisville Water Uncovers Ancient Check Valve Dating Back to the 1870s

  • Brooke Chase Associates Recruits Dale Fields as CEO, USA for Jmatek

  • Merit Brass Co. Acquires Supply Source Products

Featured Video

Merit video june

Merit Brass Merit Press Technology in Copper & Stainless to Save You Time & Money

Industry Events

  • 09Aug

    PVF Roundtable Q3 Networking Meeting

    Houston , TX
  • 08Sep

    SFPE Forum on Fire Protection Engineering: Challenges in Storage

    Wheeling, IL
  • 11Sep

    IAPMO 93rd Annual Education and Business Conference

    Charlotte, NC
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw07 2022 cover
    Learn More
  • Pe07 2022 cover
    Learn More
  • Phc07 2022 cover
    Learn More
  • Es07 2020
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2022 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing