Tech Data's Q1 numbers inflated by Avnet TS

Josh Budd
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Tech Data's Q1 numbers inflated by Avnet TS
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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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