Exertis reported a 15% jump in sales for the year and an 11% rise in profits. Revenue rose to £4.48bn and operating profits reached £72.4m at the DCC Group subsidiary. Despite a few acquisitions over the year the company said around three quarters of the operating profit growth was organic.
“The impact of the pandemic on customer behaviour saw strong demand throughout the year for higher volume, lower margin consumer and working-from-home products, particularly through e-tail and non-traditional retail channels,” said a spokesperson. "But trading conditions in the higher margin B2B sectors, such as the Pro AV product category, remained challenging through the year."