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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Electrocomponents    ECM   GB0003096442

ELECTROCOMPONENTS (ECM)
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Electrocomponents : appoints Debbie Lentz as President Global Supply Chain

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11/13/2017 | 10:24am CEST

London, UK, 13 November 2017 - Electrocomponents plc (LSE:ECM), the global distributor for engineers, has appointed Debbie Lentz as President Global Supply Chain. She joins the company as a member of the Executive Management Team, reporting directly to CEO Lindsley Ruth.

Debbie is responsible for leading the further development of the Group's supply chain capability. With her leadership team, she will define and implement a strategy to create a flexible and responsive supply chain, providing an innovative and sustainable market-leading service for customers and suppliers.

Debbie is a senior executive with a reputation for strong leadership, adept at running large, complex areas, and delivering transformation in global supply chain environments. Her previous roles, based in both the United States and Europe, span all facets of distribution and supply chain in companies ranging from Nabisco and Kraft Foods to Toys R Us.

Lindsley Ruth, CEO of Electrocomponents, stated: 'Debbie's multi-national experience and track record in global supply chain will be invaluable in helping us accelerate growth and efficiency across our business, as we progress on our journey to become first choice for our customers, suppliers and employees.'

Commenting on her appointment, Debbie said: 'I am delighted to be joining Electrocomponents at this exciting time and thrilled about the opportunity we have to exceed our customers' expectations through having the right products delivered to them how and when they need them, helping the business to drive faster growth and continued improved performance.'

-Ends-

About Electrocomponents plc
Electrocomponents plc is the global distributor for engineers. With operations in 32 countries, we offer more than 500,000 products through the internet, catalogues and at trade counters to over one million customers, shipping around 50,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronic components, electrical, automation and control, and test and measurement equipment, and engineering tools and consumables.

RS Components and Allied Electronics are the trading brands of Electrocomponents. The Group is listed on the London Stock Exchange and in the last financial year ended 31 March 2017 had revenues of £1.51bn.

For more information, please visit the website at www.electrocomponents.com.

Editorial contact:
Lynn Webster-Scott
Head of Corporate PR
Tel: +44 (0)20 7239 8400
Email: lynn.webster-scott@electrocomponents.com

Further information is available via these links:

Electrocomponents plc
www.electrocomponents.com
RS Components
www.rs-online.com
Allied Electronics
www.alliedelec.com

Electrocomponents plc published this content on 13 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 November 2017 09:23:08 UTC.

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Financials (GBP)
Sales 2019 1 858 M
EBIT 2019 213 M
Net income 2019 149 M
Debt 2019 133 M
Yield 2019 2,44%
P/E ratio 2019 18,26
P/E ratio 2020 15,91
EV / Sales 2019 1,54x
EV / Sales 2020 1,40x
Capitalization 2 723 M
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 7,77  GBP
Spread / Average Target 27%
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Managers
NameTitle
Lindsley Ruth Chief Executive Officer & Director
Peter Michael Johnson Chairman
David John Egan Group Finance Director & Director
Ian Peter Haslegrave Secretary, Director & General Counsel
Karen Jane Guerra Independent Non-Executive Director
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