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Ingram Micro Result – 30/07/15

Ingram Micro posted a Q2 net loss of $34.3 million, compared with a profit for the same quarter last year of $50.5 million, on revenue of $10.6 billion, down from $10.9 billion. For the six months there were profits of $9.0 million, down from $75.4 million, on turnover of $21.2 billion, a reduction from $21.3 billion. The company said that it expected improvements as it was seeing increased sales of higher value products in its core business.