Ingram within touching distance of £1bn UK sales

Distribution monolith posts solid numbers for 2011

Ingram Micro continued to close in on the £1bn sales mark in the UK last year, as turnover spiked past £900m in a solid 2011 for the distribution titan.

Accounts filed with Companies House this week reveal that the firm's UK operation saw sales for the 12 months to 31 December 2011 increase 2.54 per cent to £909.4m. Operating profit grew 13 per cent to £7.6m, equating to a rise in operational margins from 0.76 to 0.84 per cent.

Net assets grew from £14m to £17.9m over the course of the year. Average monthly staff numbers fell marginally.

Like the rest of its big-four rivals, Ingram has been an active consolidator in recent years. From next year its top line will be further boosted by the recently agreed acquisition of $5bn (£3.1bn)-plus-turnover mobility distie BrightPoint.

It has also invested in its cloud and services capabilities, and unveiled additions to its Channel Transformation Alliance last week. The scheme aims to help VARs get involved in the provision of cloud and other as-a-service delivery models.