Arrow hits profit mark as sales falter

Doug Woodburn
clock

Enterprise Computing arm suffers 11 per cent sales slump after acquisitions and currency effects factored in

Arrow Electronics hit its Q1 profit expectations despite a sales slump at its Enterprise Computing (ECS) arm. The global distributor saw net profit in its fiscal Q1 to 29 March rise 37 per cent ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
'Big five' lose marketshare, CRN Top Distributors 2022 finds

Distributor

Digging into the trends that define the channel's middle tier...

clock 07 September 2022 • 2 min read
Arrow signs exclusive pan-European deal with Symantec

Distributor

New aggregator agreement will make Arrow the exclusive distributor to SMB channel partners across 16 European countries

clock 31 January 2022 • 2 min read
Arrow ECS appoints new vice-president for UK and Ireland

Distributor

Nick Bannister has been with the company since 2010 and has held a number of senior roles

clock 22 September 2021 • 1 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
clock 17 October 2022 • 1 min read