Ingram Micro Result 04/03/2015

By Helen Vince
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Ingram Micro Inc. has reported its fourth quarter and full year results, posting a net profit of $119 million on turnover of $13.9 billion in Q4, which compares with a net profit of $112 million on turnover of $11.8 billion in the final quarter a year earlier. For the year, the company’s net profit declined 14% to $267 million from $311 million in the previous year, though turnover was 9% higher at $46.5 billion from $42.5 billion.