Chairman and CEO Albert H. Nahmad states, “Overall, our results represent a nice finish to another excellent year”
February 15, 2016
HVACR distributor Watsco Inc. reported record results for the fourth quarter and the year ended Dec. 31, 2015. For the full year, the company achieved 4 percent sales growth to a record $4.11 billion (5 percent on a same-store basis).
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) announced U.S. HVACR average distributor monthly sales bounced back from a 1.8 percent decline in December with a gain of 19.4 percent in January.
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) announced that the steady sales growth of 2012 continued in November with the average U.S. HVACR distributor reporting a 6-percent increase in sales for the month.
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) announced average U.S. HVACR distributor sales declined 4.7 percent in September. The weakness is widespread, as evidenced in HARDI’s Monthly Targeted and Regional Economic News for Distribution Strategies (TRENDS) report.
HVACR distributor, Watsco Inc., reported results for the second quarter ended June 30, 2012, and announced that revenues increased 15 percent to a record $1 billion. Gross profit increased 12 percent to a record $238 million. Operating income increased 14 percent to a record $86 million.
Heating, Air-conditioning and Refrigeration Distributors International (HARDI) announced average U.S. HVACR distributor sales were up 17.9 percent in May 2012. This is the highest month-over-month growth since November 2010, when the looming $1,500 federal tax credit expiration pulled sales forward.