Ingram Micro increases turnover

24.02 11:55:49

Ingram Micro increases turnover - USA

Computer supplies wholesaler Ingram Micro has posted fourth-quarter 2009 revenues of $8.81 billion, up 1.0% from $8.68 billion reported in the year-ago quarter.

The increase was primarily due to strong sales growth in Asia-Pacific and favourable currency movements. North America reported fourth-quarter sales of $3.59 billion, down 5.0% from $3.80 billion a year ago and Europe, Middle East and Africa (EMEA) reported revenues of $3.05 billion, down 3.4%.

Ingram Micro reported net income of $107.0 million for the fourth quarter compared to the fourth quarter 2008 net loss of $564.3 million. The company did not provide any numerical guidance for the coming quarters but expects sequential sales to decline in line with the seasonal trends.

Back previous page

SEE ALSO

Orchard Stationery Seek Replacement After 13 Years (09/09/2010)

New chairman for Westcoast (08/09/2010)

Detroit renews Office Depot contract (08/09/2010)

Spicers profitability up on better product mix (07/09/2010)

Corporate Express pushes companies to go green (03/09/2010)

S.P. Richards appoints new VP Logistics (01/09/2010)

o2o merges communication subsidiaries (27/08/2010)

office2office increases presence in private sector (27/08/2010)

LYRECO ACQUIRES OFFICEDAY FINLAND OY (26/08/2010)

Office Club 2011 Conference Announced (24/08/2010)

Lyreco Germany appoints new head of marketing (23/08/2010)

NOPA challenges New Jersey's contract with Staples (23/07/2010)

OfficeMax and Corporate Express win state contract (21/07/2010)

United Stationers Receives Customer Satisfaction Award (20/07/2010)

New appointments at Vasanta (19/07/2010)

LATEST NEWS

New Managing Director for DURABLE Benelux (10/09/2010)

Top office brings in new MD (10/09/2010)

Bong merges with Hamelin's envelope division (10/09/2010)

Mondi launches DNS (10/09/2010)

Eric de Laage appointed new head of Staples France (10/09/2010)

UPM selected to the Dow Jones Sustainability Index (09/09/2010)

Positive 'Back-to-School' for the Writing Instruments (09/09/2010)

Orchard Stationery Seek Replacement After 13 Years (09/09/2010)

HSM optimises product delivery (09/09/2010)

Tests begin at giant paper mill (09/09/2010)

New chairman for Westcoast (08/09/2010)

Detroit renews Office Depot contract (08/09/2010)

ECi Launches Next Generation Vision (08/09/2010)

BTS market up on 2009 (08/09/2010)

AF International wins Escolar award (08/09/2010)