Acal has seen strong sales growth in the last three months driven by its electronics distribution business.
In a trading update for its year ended 31 March 2011, the distributor reported that fourth quarter like-for-like sales increased by 17% year-on-year.
"We continue to see good trading conditions in the electronics division across Europe,” said Nick Jefferies, group chief executive.
“With its strong order book, electronics like for like sales increased by 21% in the last quarter,” said Jefferies.
The electronics division accounts for approximately 78% of group sales.
“Overall, group sales increased by 17%, with the non-electronics businesses showing improved performance despite continued softness in our UK medical business,” said Jefferies.
The Board remains confident that our strategy for growth both organically and by further targeted acquisitions will continue to build long term value for shareholders.”
Acal will announce its preliminary results on 1 June.