Avnet has topped sales and profit expectations in its second quarter. Revenues moved forward 1.8% to $7.6bn and net income was up 7.4% to $176m. Avnet EM, the…
Miguel Fernandez has been named as president of Avnet Electronics Marketing (EM) EMEA. The appointment follows the promotion of Patrick Zammit to global president for Avnet Technology Solutions.…
Patrick Zammit. President of Avnet Electronics Marketing EMEA has been promoted to become Global President of Avnet Technology Solutions, the global IT solutions distribution operating group within Avnet.…
Avnet galloped into the first quarter of the 2015 financial year reporting sales of $6.84bn up 7.8% on $6.34bn in Q1 2014. Profits soared 12.2% to $223m against…
Avnet’s financial results sprinted through the fourth quarter as sales accelerated by 6.9 per cent to $7.05bn and profits soared 47.7% to $186.3m. Full year 2014 results benefited…
Avnet has completed the acquisition of MSC Gleichmann Group. MSC will now operate as a business group of Avnet Electronics Marketing EMEA. MSC Vertriebs GmbH and Gleichmann &…
Avnet has made a flying start to its new financial year posting an 8.1 per cent increase in revenues to $6.35bn compared to $5.87bn in Q1 last year.…
1963 – The year The Beatles Please Please Me albums topped the charts, Dr. No, the first James Bond movie was released, President Kennedy made his Ich bin…
Sales up, profits down, results ahead of expectations is the precise summation of Avnet’s fourth quarter results. Revenues grew healthily by 5% to $6.59bn compared to Q4 last…
Avnet is buying MSC Gleichmann, the European component distribution, embedded computing technology and display solutions. The agreement details a two-step approach whereby Avnet will acquire a majority interest…