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SaaS provider Descartes Systems Group reported fiscal-year total revenues of $424.7 million, above prior-year revenues of $348.7 million.

Operations

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Huttig 4Q Sales Up 24.8%

The distributor also reported that 2021 year-end net sales increased 18.4% to $937.8 million, compared to $792.3 million in 2020.

The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.

Heating, Air-conditioning & Refrigeration Distributors International says average annual growth for the 12 months ending in January is 25%.

The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.

The door manufacturer and distributor says it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC.

The Covington, Louisiana-based company says its board of directors declared a quarterly cash dividend of $0.80 per share.

Operations

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Lawson 4Q Sales Rise 4%

The MRO distributor says net sales increased to $102.1 million compared to $98.1 million for the fourth quarter of 2020.

Real gross domestic product increased at an annual rate of 7% in the fourth quarter of 2021, according to the ‘second’ BEA estimate.