05 June 2017
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Tech Data's Q1 numbers inflated by Avnet TS
European sales hit $4bn during broadliner's latest quarter as Avnet acquisition feeds into results for the first time
Tech Data's buyout of Avnet Technology Solutions (TS) has caused its Q1 operating income to rocket on a year-on-year comparison, but hefty interest payments have dragged down net earnings. For the three...
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