Anixter International Inc. reported consolidated financial results for the third quarter and nine months ended October 2, 2009. For the quarter, the company reported net sales of $1,273 million, operating income of $58.4 million, income before income taxes of $41.7 million, net income of $22.1 million or $0.61 per diluted share against net sales of $1,589.6 million, operating income of $117.9 million, income before income taxes of $97.6 million, net income of $59.7 million or $1.53 per diluted share a year ago. Cash flow generated from operations was $134.0 million as compared to the $8.3 million used by operations in the year ago quarter due to lower working capital requirements in the current period. For the nine months, the company reported net sales of $3,764.8 million, operating income of $56.6 million, income before income taxes of $5.4 million, net loss of $42.0 million or $1.19 loss per diluted share against net sales of $4,678 million, operating income of $341.2 million, income before income taxes of $288.2 million, net income of $180.5 million or $4.59 per diluted share a year ago. For the first nine months of the year, cash flow from operations was $393.6 million versus $90.6 million in the first nine months of the previous year. The increase in cash flow reflects the lower working capital requirements associated with the organic reduction in sales and the deflationary effects of lower copper prices. For the final quarter of 2009, the company anticipate continuing positive cash flow from a combination of earnings, good expense management and further working capital reductions.

Anixter International Inc. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).

Anixter International Inc. reported capex results for the third quarter and nine months of 2009. For the quarter CapEx was $5.6 million. Through the first nine months 2009, capital expenditures were $17.8 million as compared to $25.6 million in the first nine months of 2008. The company expects it will end up capex the year 2009 somewhere in the low to mid-20s, and it expects it would had same sort of ballpark for next year.