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Eight resellers, including four small businesses, have been awarded places on the UK government’s new Office Solutions framework. The Office Solutions contract (RM2699) was put out to tender last year. At the time, it was valued at £400 million ($500 million) over a three-year period. Originally to be split into three lots, the new framework
Writing and Commercial were two of Newell’s three business units that returned to core growth in the first quarter of 2024. Following steep top-line declines at Newell in the past few quarters, total company sales in the first three months of 2024 were $1.65 billion. This was a reported decrease of 8.4%, adjusted to -4.7%
Leading MRO reseller Grainger posted a solid set of Q1 results despite overall demand for its products being somewhat soft. Company sales for the quarter of $4.2 billion represented growth of 4.9% year on year on a daily, organic constant currency basis. Its High-Touch Solutions (HTS) business unit was up 3.8% to $3.4 billion, and
European and North American business equipment and MRO reseller Takkt has put a positive spin on its first quarter results in spite of a 16.5% fall in revenue and a 59% drop in EBIT. The Germany-based group highlighted improvements in cash generation and gross margin as well as making structural changes that will see its
Kimberly-Clark has said volumes at its B2B KCP business are expected to turn positive as 2024 progresses. For the first three months of this year, KCP generated revenue of $823 million. This was about 2% up on last year on an organic basis (-3% as reported), driven by positive price/mix that was partially offset by