Tech Data shows solid performance over the year

Tech Data corporation, Computer 2000′s parent company, announced last month that its total sales grew 9 percent to more than £26 billion in the year ended 31 January 2012. On a regional basis, net sales in Europe increased 13 percent (8 percent on a euro basis) to $15.6 billion – 59 percent of total sales- compared with the previous year. In the Americas region(including North America and Latin America), sales increased by 3 percent to $10.8 billion- 41 percent of the annual worldwide total.

For the fourth quarter, total sales were $7.1 billion, consistent with the same period last year. European Q4 sales were $4.37 billion, or 61 percent of the worldwide figure. This was an increase of 2 percent in euro terms over the prior year quarter and 21 percent up on sales on the third quarter of fiscal 2012. Net sales in the Americas for Q4 were $2.74 billion, representing 30 percent of worldwide net sales and a decrease of a single percentage point over the prior-year fourth quarter.

Robert M. Dutkowsky, Tech Data Corporation’s CEO, said:

‘ We are pleased with the solid performance delivered by both regions, despite a slowing overall IT market and challenging macro-economic environments in certain European countries. In the fourth quarter we took steps to further strengthen and better position the company for the future by exciting unprofitable markets, aligning our European cost structure to more closely match market conditions, investing in industry-leading initiatives and enhancing our capital structure. Tech Data’s performance throughout fiscal 2012 demonstrates the strength of our operations and the flexibility of our business model to successfully navigate the ever-changing IT market landscape.’

Lenovo appoints Computer 2000 as UK and Ireland distributor

Lenovo has appointed Computer 2000 as a distributor for the UK and Ireland to further fuel its ambitious growth plans across the market but in particular in the SMB (small and medium business) space.

Computer 2000 will be taking on Lenovo’s full range of Think products, including desktops, AIOs, workstations and servers effective 2^nd half of 2012.

Commenting on the appointment, Darren Phelps, SMB and channel director UK & Ireland, said: “There is a great opportunity for us in the UK and Ireland to grow our business and strengthen our market position.  The key for us in terms of success is to ensure we have the breadth and depth in our channel to capitalise on the market opportunity.

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IT spending to increase this year

Gartner says worldwide IT spending will grow by 3.7 percent in 2012, despite the impact of the Eurozone crisis and the Thailand floods. The analyst says total worldwide IT spending will total $3.8 trillion in 2012. The categories it expects to grow fastest are ‘Telecoms Equipment’ (6.9 percent), ‘Enterprise Software’ (6.4 percent), and ‘Computing Hardware’ (5.1 percent).

Peter Hubbard is appointed as new MD for Computer 2000 UK and Ireland

Peter Hubbard, who joined the company as Sales Director in June 2011, has been appointed Managing Director UK and Ireland of Computer 2000. He replaces Andy Gass, who has taken up a new post as Regional Senior Vice President for Tech Data Europe.

Commenting on his appointment, Peter said: ‘I am very excited about leading the best team in the industry and continuing to enable customer growth by delivering exceptional products and services to our reseller partners and vendors. As the company has moved into its new financial year (the previous year ended 31st January 2012), the strategy and focus of the UK business will continue to be on driving a level of business growth that exceeds the industry average.’

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Tech Data announces changes to its European organisation

New European Executive Board and two geographic regions formed to optimise business efficiency between its European functions, specialist divisions and country operations.

Tech Data Europe today announced changes to its European organisation which will enable Europe’s leading technology distributor to optimise the business efficiency of its central resources and specialist divisions whilst enhancing the support for its country operations.

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Tech Data achieves impressive growth for Q4 in Europe

Our parent company, Tech Data, increased European sales by almost 15 percent in the final three months of its fiscal year, which ended 31 January 2011. In local currency terms, the increase was an even more impressive, 25 percent.

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