Ingram's Q4 sales deflated by European contract changes

Doug Woodburn
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Ingram's Q4 sales deflated by European contract changes

CEO Alain Monié talks up pending takeover by HNA as world's largest distributor suffers 19 per cent plunge in Q4 sales - mainly due to range of artificial factors

Ingram Micro's Q4 sales plunged by nearly a fifth as three factors - including vendor contract changes in Europe - conspired to artificially wipe a collective $1.7bn (£1.2bn) from its top line. Sales...

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