Questor share tip: Electrocomponents sales growth slows Electrocomponents 247.8p Questor says HOLD For the full year the electrical product distributor expects sales will grow by 7pc to a record £1.2bn. Its international sales should rise by 9pc and the UK by 3pc. However, the rate of sales growth fell to just 1pc in the final quarter of the year - a slowdown from 5pc in the previous three months. The group saw strong sales growth in 2010 so comparisons are tough. However, sales are now 15pc higher than they were before the financial crisis, which implies the company is grabbing market share. The shares are trading on a March 2012 earnings multiple of 13.2 times, falling to 13 next year. They are supported by their chunky 4.6pc yield rising to 4.8pc next year. The rating on the shares is remains hold.