Ingram Micro sales up 4% in 2020, net profit grows 28%

Wednesday 14 April 2021 | 16:00 CET | News
ICT distributor Ingram Micro announced annual sales of USD 49.1 billion for 2020, up by 4 percent from the previous year. The company's gross margin improved to 7.35 percent from 7.09 percent, and adjusted operating profit increased by more than USD 160 million to USD 979 million. Ingram Micro ended the year with a net profit of USD 644 million, up from USD 505 million in 2019.

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Categories: General
Companies: Ingram Micro
Countries: World
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