Avnet has reported fourth quarter sales down 7.5% year on year to $4.7bn. Farnell fourth quarter sales slipped 12% year on year to $343.4m, and 6.5% sequentially to $367.5m. Avnet CEO Bill Amelio blamed macroeconomic headwinds and tariffs.
Avnet Abacus has received the award for ‘Best Distributor for the Central Region 2018’ from Omron.
Vishay Intertechnology’s 2018 EMEA e-Commerce Distributor of the Year is Mouser Electronics. This is the sixth time that Mouser has won this top award.
Avnet Abacus has won TDK’s European Distribution Award in Gold in the international volume distribution category. This marks the second year in a row that Avnet Abacus has been recognised by TDK.
Top-selling products from connector and cable specialist Molex are even more plentiful at Rutronik. The distributor has increased its inventory of the company’s best-selling products by more than 50%.
TDK has recognised Digi-Key Electronics Europe with their European Distribution Award 2018 in Gold in the high-service distribution category. This was Digi-Key’s fifth consecutive award from TDK, and Digi-Key attained the highest score in the distributor performance assessment.
Mouser Electronics has been named the 2018 e‑Commerce Distributor of the Year by Bourns. The global award was presented to Mouser executives at the recent 2019 EDS Leadership Summit in Las Vegas.
Anglia Components has received its fifth TDK European Distribution Award in 2018 in the local distribution category, a pretty good return over the six years in which the Awards have been presented.
Avnet Silica has won the award for the fastest growing distributor in the EMEA region from STMicroelectronics (ST). A key factor was Avnet Silica’s exceptionally high level of augmented sales of ST products and technologies — with double-digit growth in 2018 compared to the previous year.
Premier Farnell has received the Gold Award for Best Global Performance FY 2019 from TDK. The award recognises excellence in key areas such as business performance, inventory management and operations.