comment on this article

Queen’s Awards 2012: Electrocomponents commended for international trade achievements

Queen’s Awards 2012: Electrocomponents commended for international trade achievements

Electrocomponents has won the Queen's Award for Enterprise in the International Trade category. The distributor, which owns RS Components, was commended for its overseas earnings, growth and commercial success.

Over the last five years the company's international business has achieved average annual sales growth at around double the rate of average annual global GDP growth. Its international sales grew from £474.9 to £825.9million between March 2006 and March 2011 and now account for 70% of its total revenues.

Ian Mason, group chief executive, said: "We are absolutely delighted to be honoured with the Queen's Award, Britain's most coveted commercial prize. This tremendous accolade reflects the hard work of our employees to continuously achieve growth overseas and instils great pride throughout our organisation. We will continue to focus on growing our international sales and revenue share."

The Queen's Awards for Enterprise are highly prestigious and granted for outstanding achievement by UK businesses in the categories of Innovation, International Trade and Sustainable Development.

Simon Fogg

Comment on this article

This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team.

Enjoy this story? People who read this article also read...

What you think about this article:

Add your comments


Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles

Using a new knob

The move to push semiconductor manufacturing processes to ever smaller ...

I/O-intensive FPGAs

Xilinx has released the Spartan-7; an FPGA range that it claims will deliver ...

Between the layers

ZofzPCB is a free 3D Gerber viewer that allows designers to see inside the ...

Circuit protection

Circuit protection is designed as an intentional weak link which can combat ...

A rich vein

Distributors have to contend with an ever lengthening list of challenges from ...

What’s in a name?

A month after rumours started to appear, ON Semiconductor has confirmed that it ...

Making it happen

Speaking at last week’s second annual ARM Forum at London’s Science Museum, the ...

Interesting times

It has certainly been an interesting year for chip giant Qualcomm. Revenues are ...