turnover

Avnet, one of the largest distributors of electronic components, computer products and embedded technology in the world, closed its fiscal year 2010-2011 on a happy note by clocking a turnover of $26.5 billion, while operating income growing 1.4 times faster than revenue to over $1 billion for the first time. The year 2011 saw Avnet adding more than $7 billion in its revenue basket through a combination of mergers and acquisitions, and organic growth. The company achieved this performance while making significant investments in acquisitions and integrating them into the business.Read More…