CDW UK posts double-digit growth

US giant's UK and Canadian arms turned over a combined $1.56bn combined last year

CDW has become the second reseller giant in as many days to issue buoyant numbers, revealing that its UK arm - which is based on the 2015 acquisition of Kelway - grew double digits last year.

The Illinois-based goliath grew full-year revenues to $15.19bn (£10.9bn), with sales from the UK and Canada - which it brackets together - rising by a combined 15 per cent to $1.56bn.

The UK and Canada grew their revenue by over 10 per cent in both the full year and the final quarter, when their combined haul reached $428m.

In its last results filed on Companies House (for 2016), CDW UK saw revenues hit £648.6m, making it the UK's fourth-largest VAR, according to CRN Top VARs 2017.

The NASDAQ-listed parent saw total 2017 revenues spike by 8.7 per cent to $15.19bn and net profit soar by 23.2 per cent to $523m.

The buoyant set of numbers come after fellow reseller heavyweight Softcat indicated that it had enjoyed a "strong" fiscal first half.

"As we have throughout the year, we delivered strong top-line growth with solid profitability in the fourth quarter, once again highlighting the combined power of our nimble business model, broad product portfolio and balanced customer end-markets," said CDW CEO Thomas Richards.

"Our 2017 results continue to prove out the success of investments we've made in our three-part strategy."