Organic growth in paint segment 0.7 percent during the quarter and 2.2 percent YTD
Uni-Select Inc. (TSX:UNS), the parent of FinishMaster, reported its financial results for the third quarter ended September 30. Consolidated sales for the third quarter were $318.5 million, a 15.3 percent increase, mainly driven by the sales generated from recent business acquisitions, for the most part in the US, representing an increase of 17.6 percent.
On an organic basis, consolidated sales decreased by 1.3 percent, mainly due to the soft economic conditions in the Automotive Products segment, and partially compensated by the net customer recruitment and existing
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