TITLE

Avnet M&A strategy credited for sales gains

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
October 2007
SOURCE
Electronic News;10/29/2007, Vol. 53 Issue 44, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Avnet Inc. for the quarter ended September 2007. Avnet credited its merger and acquisition strategy for its 12.3 percent year-over-year sales growth in the quarter, yet another challenging period for organic growth within the distribution market, according to the author. Sales of $4.1 billion were accompanied by net income of $105.5 million, or $0.69 per share, for the quarter, which started Avnet's fiscal 2008.
ACCESSION #
27390716

 

Related Articles

  • Avnet beats estimates on Americas sales, acquisitions. Deffree, Suzanne // Electronic News;1/28/2008, Vol. 54 Issue 4, p14 

    The article reports on the financial performance of electronics supply chain company Avnet Inc. for its fiscal second quarter (Q2) ending December 29, 2007. Avnet reported revenue of $4.75 billion for its fiscal Q2, representing an increase of 22.2% year over year. Sales not only bested Avnet's...

  • European Ranking in distribution.  // Electronics Weekly;12/3/2003, Issue 2126, p30 

    Few people in the component distribution industry need reminding just how difficult business was in 2002. But with a much improved 2003 under the belts it is sobering to see how the steep downturn in the components market eroded the bottom lines of some of the industry's biggest distributors...

  • Avnet Profits Up 425%. Spiegel, Rob // Electronic News;5/3/2004, Vol. 50 Issue 18, pN.PAG 

    Reports on the corporate profits posted by Avnet for its fiscal third quarter ended April 3, 2004. Sales posted by the company; Net income for the quarter; Factors that influenced the sales of the company.

  • Oy! Elliott, Heidi // Electronic News;4/29/2002, Vol. 48 Issue 18, p10 

    Reports on the earnings of electronic companies for the first quarter of 2002. Forecast by executives on the finances of their companies; Overview of earnings of selected companies.

  • SWOT Analysis.  // Avnet SWOT Analysis;Sep2008, p1 

    A company profile of Avnet Inc., one of the largest industrial distributors of electronic parts, is presented. An overview of the company is given, along with key facts including contact information, number of employees and revenues. A SWOT analysis is provided which includes strengths,...

  • Untitled.  // Electronics Weekly;5/12/2010, Issue 2427, p15 

    The article reports that the sales of worldwide electronic components increased up to 3.13 billion dollars during the first quarter of 2010. Sales increased by 33% in comparison to the same quarter in 2009. Distribution markets billings in Great Britain and Ireland increased by 26%. Avnet Inc....

  • Avnet beats estimates on Americas sales, acquisitions. Deffree, Suzanne // Electronic News;2/4/2008, Vol. 54 Issue 5, p5 

    This article offers information on the financial performance of electronics supply chain giant Avnet Inc. of Phoenix, Arizona for the quarter ended December 2007. The results surpassed the company's own projections, as well as estimates from the Wall Street. The company's sales for the period...

  • SWOT Analysis.  // Avnet SWOT Analysis;Oct2008, p1 

    A company profile of Avnet Inc., one of the biggest industrial distributors of electronic parts, enterprise computing and storage products, is presented. An overview of the company is given, along with key facts including contact information, number of employees and revenues. A SWOT analysis is...

  • Avnet, Inc. SWOT Analysis.  // Avnet SWOT Analysis;Jul2012, p1 

    A company profile of Avnet Inc., an American distributor of electronic components, enterprise computer and storage products and embedded subsystems, is presented. An overview of the company is given, along with key facts including contact information, number of employees and revenues. A business...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics