Original URL: https://www.theregister.com/1998/10/29/ingram_manages_healthy_q3_rise/

Ingram manages healthy Q3 rise

Great Satan of distribution storms on

By A staffer

Posted in On-Prem, 29th October 1998 12:13 GMT

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