Ingram manages healthy Q3 rise
Great Satan of distribution storms on
Ingram Micro managed to increase its profitability by a factor of 40 per cent in its third quarter. Sales rose by 35 per cent, meaning better margins for the giant distributor. Turnover amounted to $5.7 billion for the quarter, compared to a figure of $4.1 billion in the same quarter last year. Profits amounted to $59.8 million, which compares with $44.3 million, period on period. Ingram now looks set to comfortably become a $20 billion a year company. ® Click here for more Satans
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