Wesco Aircraft (WAIR) 2015年年度报告「NYSE」.pdf

1、Wesco Cover file.pdf 1 12/10/15 6:48 PMcov15-19986-7_237760_for email.indd 312/10/15 6:54 PMDear Stockholders,Fiscal 2015 was a year of transition for Wesco Aircraft in many respects.When I joined the company,I already knew Wesco had a strong heritage,a value proposition that customers appreciate,an

2、 excellent reputation for service and an outstanding group of employees.There were also gaps in performance,with a need to drive organic growth,operate with greater efficiency and deliver better results.In a very short period of time,we have addressed these gaps head-on,planning and completing actio

3、ns necessary to build a foundation for change and position our company for the future.In the past two quarters,we have established Wescos vision,goals and culture;substantially completed integration activities and aligned our organization to growth channels;taken action to reduce costs;reassessed pr

4、ocurement practices and inventory management;and initiated Policy Deployment to lead and manage performance across the company.We also assessed our industry and confirmed that Wescos value proposition remains strong in a growing industry.We believe that Wesco is well placed in major segments of our

5、market,with opportunity to improve our position in others.In fiscal 2015,we began transforming Wesco to reflect our strong competitive position and value proposition in expanding markets,with 74 percent of sales in long-term agreements serving the largest aerospace companies in the world and 26 perc

6、ent of sales from continued ad hoc demand supporting all of our important customers.By offering our complete product portfolio as one company to the markets we serve,we believe Wesco is better positioned to grow profitably in the future.Net sales in fiscal 2015 were$1,497.6 million,an increase of 10