Electrocomponents Release Interim Management Statement

In the first quarter Group sales were at a similar level to last year. The International business declined by 2% and the UK grew by 5%; 2% of which was accounted for by Raspberry Pi (1). Within International, Continental Europe grew by 1%, North America declined by 4% and Asia Pacific declined by 3%.



During the quarter maintenance, which represents almost 60% of Group sales, grew with automation and control performing well, whilst electronics declined slightly. eCommerce continues to grow and is our customers’ preferred channel, with around 54% of our revenues transacted online during the quarter.



Ian Mason, Group Chief Executive, commented:

“Sales are at a similar level to last year despite strong comparators and a challenging economic environment. We are mindful of the macroeconomic environment and, as we have demonstrated in previous years, we are able to respond quickly to changing conditions.



We are well-positioned compared to the numerous, smaller distributors against whom we primarily compete, who do not have the advantage of our global scale and reach. We are therefore continuing to invest in our strategic priorities to leverage these advantages.”



There will be a telephone conference call today at 08.00h for analysts and investors with replay access to 19 July 2012. Dial in instructions are set out below.



Electrocomponents plc - Conference Call Dial in Instructions

Date: Friday 13 July 2012

UK Time: From 07:50h for 08:00h call

Telephone number: +44 (0) 1452 551 089

PIN: 96126218

Chairman: Ian Mason



Electrocomponents plc - Replay Dial in Instructions (available until 19 July 2012)

Telephone number: +44 (0) 1452 55 00 00

PIN: 96126218#