Feeds

Tech Data pleased with very small sales fall

Economic climate etc.

  • alert
  • submit to reddit

Tech Data sales eased slightly in Q1 to $4.7bn (Q1, 2000 $4.7bn. Net income was also down - to $31.8m (Q1. 2000: $37.2m). But the distie, the world's second biggest behind Ingram Micro, says it is pleased with the results - given "the current economic conditions".

Q1 sales were down 7 per cent in the US, and up 3 per cent in Europe (on a local-currency basis). Sales were up 3 per cent for the rest of the world. Tech Data had a good quarter on software, with sales up 18 per cent.

Systems and peripherals were down 18 per cent and 4 per cent, respectively. Networking sales were flat, accounting for 16 per cent of group turnover. Peripherals accounted for 45 per cent of sales, systems -25 per cent, 25% and software 14%. Ecommerce sales grew 11 per cent to $5bn on an annual run-rate. ®

The Register has a new reseller section. It's called Channel Flannel, and you can reach it from the navigation bar on the front page.

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.