Uni-Select Inc. (TSE:UNS), the parent company of FinishMaster with automotive refinish and industrial paint and related products across North America, reported $323.8 million in sales, up 0.1 percent organically. According to the company increases in its paint sales were offset by declines in automotive products during second quarter ended June 30.
Paint segment sales were $196.5 million, up 26.5 percent from 2015, or up 2.1 percent organically.
“We made good progress in Q2 on the earnings and acquisition fronts. The organic growth for the quarter was less than anticipated, but the outlook remains positive for the balance of the year.”