Financial Times FT.com

Electrocomponents sees slower sales slide

By Michael Kavanagh and Tino Andresen

Published: November 13 2009 23:58 | Last updated: November 13 2009 23:58

Electrocomponents, the international supplier of electrical parts to businesses, pointed to improving sales trends in all major economic regions as it maintained its interim dividend on Friday.

The company saw interim profits fall from nearly 60 per cent from £59m ($98m) to £25m in the six months to September 30, on revenues down 15 per cent from £488m to £447m.

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