23 April 2012 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 Websites http://www.electrocomponents.com Companies Electrocomponents plc This material is protected by MA Business copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. 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.