September 23, 2019

Advertise with us
HOME NEWS Distributor › ABC Data first quarter sales up 5%

ABC Data first quarter sales up 5%

Central & Eastern Europe distributor ABC Data has announced first quarter sales of US$279.8m – up 5% year-on-year. Gross margins for the period were 5.8%, resulting in a gross profit of US$16.12m Net profits were up 60% year-on-year at US$615,730 – a profit margin of 0.22%. Ilona Weiss, president of the management board of ABC Data, said: “We’re very happy that regardless of the current market situation, ABC Data Group is able to constantly achieve one of the highest [gross] margins in the IT distribution industry. In the first quarter of 2018 it reached 5.8%, which only confirms the effectiveness of our business activities.” Read full story

by Stuart Wilson, Tuesday 29 May 2018

Print this page  Recommend this article  Reply to this article   Digg   Technorati
Post a message

September, 2019

Advertise with us


Register here

Press Releases

Upload your PR here

Advertise with us