comment on this article

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

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.

Author
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

Name
 
Email
 
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

BEEAs 2013 round up

The Grand Prix at this year's British Engineering Excellence Awards goes to the ...

BEEAs 2013

The sixth British Engineering Excellence Awards (BEEAs) will be held on 9th ...

Always innovating

Check out this brief video promo for an all new website that explores TI ...

Rory Read, CEO, AMD

When Rory Read joined AMD in 2011 it was a company in trouble, but he has led ...