Tech Data grows double digits in its fiscal year 2015 despite the negative impact of the euro

finished the past 31 January, the fiscal year 2015 of the technological wholesaler Tech Data has consolidated with a turnover of 27.700 million dollars, and 3% more than in the previous fiscal year, despite the fact that in the fourth quarter a 8% less due to the negative impact of the euro against the dollar.

The balance of the fiscal year 2015 of Tech Data has resulted in net sales worldwide of 27.700 million dollars, which represents an increase in 3% compared to the previous year. In Europe, The balance stands at revenues of 17.300 million dollars (he 62% of total sales worldwide), with an increase of 4% (and 6% in euros) compared to last year.

Global gross operating profit is at 1.394 million dollars (and 5,04% of net sales), and the net operating profit has been 267,6 million (0,97% of net sales), compared to the previous fiscal year. The technology wholesaler's net income has been 175,2 million dollars, yielding diluted earnings per share of 4,57 dollars in the fiscal year 2015.

Robert M. Dutkowsky, CEO de Tech Data Corporation (in the image), has indicated that “the last quarter of our fiscal year 2015 has once again crowned a year of success, where we have achieved profitable growth, while we have made considerable progress on several operational fronts. Our market focus and operations have delivered double-digit revenue growth, operating and net profit, as well as earnings per share, in a year marked by single-digit growth”.