Premier Farnell 2Q Growth at 3% - Modern Distribution Management

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Premier Farnell 2Q Growth at 3%

London-based global electronics distributor Premier Farnell saw second-quarter sales growth of 3%, despite a more challenging North American market.

Revenue was 178.9 pounds (US$363.3 million) in the second quarter and 362.5 million pounds (US$736M) in the first half.

Total earnings per share were up 13% in the first half.

We continue to make good progress with the rigorous implementation of our business strategy and are especially pleased with the 30% increase in Web sales in the quarter and our success in winning major new franchises,” CEO Harriet Green said.

“While market conditions in North America in the second quarter were rather more challenging than in the first quarter, we delivered growth across all divisions with double-digit growth in …

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London-based global electronics distributor Premier Farnell saw second-quarter sales growth of 3%, despite a more challenging North American market.

Revenue was 178.9 pounds (US$363.3 million) in the second quarter and 362.5 million pounds (US$736M) in the first half.

Total earnings per share were up 13% in the first half.

We continue to make good progress with the rigorous implementation of our business strategy and are especially pleased with the 30% increase in Web sales in the quarter and our success in winning major new franchises,” CEO Harriet Green said.

“While market conditions in North America in the second quarter were rather more challenging than in the first quarter, we delivered growth across all divisions with double-digit growth in …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

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