By Mary de Wet

Uni-Select Inc.'s sales rose in the third quarter, driven in part by gains of the Canadian dollar and the British pound against the U.S. dollar.

On its third quarter:

"Consolidated sales of $426.1 million for the quarter increased by 7.8%, mainly driven by organic growth of 3.9% and favourable Canadian and British currency fluctuations," the distributor of automotive refinish and industrial coatings said.

"The Canadian Automotive Group segment reported sales of $144.5 million, an increase of 5.3% supported by the appreciation of the Canadian dollar and the impact of business acquisitions added to the network over the last twelve months."

"The Parts Alliance U.K. segment reported sales of $106.7 million, an increase of 12.8%, mainly driven by a strong British pound against the US dollar during the current quarter of 2021 and organic growth of 5.6%."

Write to Mary de Wet at mary.dewet@dowjones.com

(END) Dow Jones Newswires

11-12-21 0710ET