Premier Farnell provided an upbeat and optimistic third quarter update with group sales per day growing 3.3% and all divisions reporting improving trends compared to the first half, except for MDD Other where sales improved 2.8% sequentially over the second quarter. Excluding sales of Raspberry Pi, Group sales grew 2.1% year on year in the third quarter from a decline of 1.4% in the first half. Over nine months, Group sales excluding Raspberry Pi declined 0.3% year on year. Asia/Pacific led the way delivering a strong performance in the third quarter with sales up 10.5% year on year, underpinned by the key emerging markets of China and India. Customer-focused initiatives enabled Asia Pacific to grow its active customer base by 13.5% at the end of October, providing the Group with significant opportunity to take market share and leverage our existing infrastructure in the region. European operations pitched in with a…
Premier Farnell’s half year numbers do not suggest a full-blooded recovery is under way in the distribution sector. Revenues edged ahead 0.9% to £479.2m. Total profit was up…
MegaPower’s USB Soldering Iron
Premier Farnell and multicore microcontroller supplier XMOS have signed a global distribution deal. XMOS’s xCORE technology is a range of flexible, easy-to-use multicore microcontrollers with deterministic response and…
Premier Farnell has expanded its partnership with Emerson Network Power by adding the Johnson and Trompeter RF connectivity lines in Europe and Asia/Pacific. Currently European customers have access…
This development board for Xtrinsic sensors is now available from Premier Farnell.
Premier Farnell beat expectations in its first quarter as sales grew sequentially 5.7%. There was also good news in the shape of a 2.8% increase in sales per…
Philips Lumileds has continued the growth of its global distribution network by signing an agreement with Premier Farnell. Philips Lumileds products are designed specifically for illumination solutions, including…
Premier Farnell is to sell the ARM portfolio of development tools, software and evaluation boards across the EMEA region, excluding Israel. The agreement complements Premier Farnell’s ARM Powered…
With demand for the phenomenon that is Raspberry Pi continuing to grow, element14 has moved all production of the unique credit card sized computer to the UK. This…