The Channel logo

News

By | Team Register 17th February 2005 16:40

Bell swings into full year profit

Euro ops boost Q4 margins

Bell Microproducts yesterday reported a 140 per cent increase in fourth quarter profits.

The distributor’s revenues in the period ending 31 December were $808m, up 26 per cent on the year, while net earnings were $5.8m, compared to the previous year’s $2.4m.

For the full year, sales came in at $2.8bn, up 27 per cent on the year, while net earnings were $11.3m, compared to the previous year’s $4.5m loss.

Improvements at Bell’s European operation underpinned an improvement in gross margins from 7.5% to 8%.

President and CEO, Donald Bell, said the company’s growth rate was 27 per cent, compared to 10 per cent for the technology distribution sector overall. He expects to boost the company’s share in the current year. ®

Related stories

Bell Micro buys UK distie
Bell Micro picks boss for Europe

alert Send corrections

Opinion

Ship scrapyard photo via Shutterstock
Windows 10 Universal Apps
Windows 10 on Surface 3

Tim Anderson

It's do-or-die for Microsoft's new operating system on 29 July

Features

Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away
Time to pull out the magnifying glass to swot up on those Ts&Cs
Android icon desktop toys
Nice devices, now speak 'enterprise' to me