During the corresponding time, Nortek Inc saw a revenue deteriorated by -2.67 % year on year, sequentially revenue grew by 11.6 %. While revenue at the Nortek Inc's corporate clients
Nortek Inc's Comment on Sales, Marketing and Customers
We sell the products in our SCS segment primarily to distributors, retailers
and security and home services companies. Sales in this segment are primarily
driven by replacement applications, new installations in existing properties
and to a lesser extent new construction activity. In addition, a small portion
of the sales in this segment is driven by sales to customers in the non-residential
market.
The segment offers innovative products under its strong brands, and at competitive
prices, which we believe allows it to expand its distribution and its relationships
with original equipment manufacturer customers. Another key component of our
strategy in this segment is the continuous introduction of new products that
provide progressive workflow solutions for employee and student wellness and
emerging digital technologies. Quality and customer service are also fundamentally
important due to the critical nature of many of the applications the segment
supports.