The wholesaler Tech Data Corporation has ended with sales of 6.728 million dollars in the first quarter of its fiscal year 2015, Finished last 30 April, which means a growth of the 9% compared to the same period last year.

Tech Data

Financial results for the first quarter of the fiscal year 2015, Past is over 30 April, They could not have been more positive for the wholesaler Tech Data, which has recorded net sales of 6.728 millions of dollars, this means an increase in the 9% compared to the same period of the previous year.

The European market has been one of the most active in the company's business operations, with net sales of 4.300 Million (approximately one 63% of net sales worldwide), with an increase in 10% (one 5% percent in euros), compared to the first quarter of the previous fiscal year, and a non-GAAP operating profit of 23,8 millions of dollars, compared to 20,4 million dollars obtained in the same quarter of last fiscal year.

Bob Dutkowsky CEO Tech DataThe CEO of Tech Data Corporation, Robert M. Dutkowsky, has shown its satisfaction by "reporting a good start to our fiscal year. Our focus on execution, helped by an improvement in the overall context of demand, Led to record sales in the first quarter, with near-double-digit non-GAAP revenue growth year-over-year, and solid cash flow".

In the year in which the company celebrates forty years of business activity, This growth "has even exceeded our expectations," says Dutkowsky., lo que demuestra nuestra capacidad para lograr un sólido comportamiento operativo. Creemos que nuestro enfoque en el mercado y en las operaciones nos permitirá aprovechar este impulso durante el año fiscal 2015 and beyond".


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by • 2 Jun, 2014
• section: business