Queen’s Award for Electrocomponents
Electrocomponents, owner of RS Components, has won the Queen’s Award for Enterprise.
The award was a recognition of the company’s success in international trade.
Over the last five years the company’s international international sales have grown from £474.9m to £825.9m between the financial years ended March 2006 and March 2011 respectively and now account for 70% of its total revenues.
In 200 non-UK sales represented 40% of the business.
“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,” said Ian Mason, group chief executive, Electrocomponents.