Distribution powerhouse Tech Data continues to enjoy double-digit growth in Europe, according to its fiscal first-quarter results.
For the three months to 30 April, the NASDAQ-listed broadliner saw total revenue rise 13 per cent year on year to $5.6bn (£3.5bn). Net profit hit $48.7m, compared with $45.6m a year earlier.
Chief executive Robert Dutkowsky called it a "solid performance".
"Our worldwide team's focus on responsible growth and gross margin management, combined with stronger foreign currencies, resulted in sales and earnings growth that was in line with our expectations," Dutkowsky said.
European revenue rose 18 per cent to $3.7bn while revenue from the Americas rose six per cent to $2.6bn.
Operating profit generated from Europe rose from $27.6m in the year-ago quarter to $30.3m this time around.
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