Full Year Results 

Electrocomponents buys in margin uplift

Electrocomponents buys in margin uplift

As a distributor, Electrocomponents' (ECM) performance should be a distributor whose performance is intertwined with aggregate demand within the economy. But if, as some economists believe, we are already on the down-leg of the cycle, then it certainly is not apparent in full-year figures, which show like-for-like revenue growth of 8.3 per cent and a 110 basis point rise in the adjusted operating margin.

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