Sales and profits boom at acquisitive CMS Distribution

Josh Budd
clock • 1 min read

Anglo-Irish distributor's sales break £300m barrier following Widget acquisition

Anglo-Irish technology distributor CMS Distribution has seen its profits more than double throughout 2016, after it closed a string of acquisitions over the last year. EBITDA rose by 126 per cen...

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
TD SYNNEX delivers mixed Q1, but Europe shows signs of improvement

Distributor

CEO Hume cites 'expansive portfolio and improving IT demand' as growth drivers

clock 27 March 2024 • 2 min read
Computacenter hits £10bn GII in FY23 results

Reseller

Reseller reports strong revenue and profit, driven by technology sourcing, hints at AI as a future influence

clock 20 March 2024 • 3 min read
Bytes delivers FY growth 'comfortably' in the double digits as it sheds light on Neil Murphy resignation

Reseller

The group remains under Sam Mudd's leadership following February shake-up

clock 18 March 2024 • 2 min read

Sign up to our newsletter

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

More on Distributor

Westcon-Comstor achieves 100 per cent renewable electricity milestone in UK

Westcon-Comstor achieves 100 per cent renewable electricity milestone in UK

IT distie transitions UK sites to renewable energy sources, aligning with sustainability goals

Andrea Gaini
clock 24 April 2024 • 2 min read
Distribution heavy hitters reveal their M&A wishlist

Distribution heavy hitters reveal their M&A wishlist

CRN hears from four of the major channel distributors to find out what they’re on the hunt for in an M&A deal

Kelsey Rees
clock 22 April 2024 • 4 min read
Pax8 cuts about five per cent of workforce: 'Parting with valued teammates is never easy'

Pax8 cuts about five per cent of workforce: 'Parting with valued teammates is never easy'

The cuts primarily impact the North American side of the business while Pax8 EMEA confirms it isn't affected by the news

CJ Fairfield, O’Ryan Johnson
clock 19 April 2024 • 6 min read