Arrow Electronics Inc. recorded Q2 net profits of $123.9 million, down from $127.9 million a year earlier, on revenue which increased to $5.83 billion from $5.68 billion. For the half year there were profits of $230.0 million, compared with $235.0 million, on turnover of $10.83 billion, up from $10.76 billion. The company said that sales were better than expected.