Ingram Micro, the world's largest technology distributor and supply-chain services provider, announced worldwide sales grew to $9.95 billion the 2011 fourth quarter, the highest quarterly sales for the company since the fourth quarter of 2007.
Worldwide gross profit was $554.3 million, compared with $559.9 million in the 2010 fourth quarter.
"We had an excellent finish to 2011, driven by solid performance worldwide," said Alain Monie, president and chief executive officer, Ingram Micro Inc. "Strong revenues, combined with decade low operating expense as a percentage of sales, resulted in very strong operating income, highlighting the leverage our model can drive. I am pleased with our fourth quarter financial results and I look forward to continuing to drive our strategic initiatives in 2012."