*NEWS*IMGRAM MICRO 1ST Q. PROFIT RISE

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*NEWS*IMGRAM MICRO 1ST Q. PROFIT RISE

 user 2006-05-03 at 11:20:00 am Views: 52
  • #15174

    Ingram Micro Q1 profit rise
    MAI
    2006 – Santa Ana (CA): Ingram Micro has posted a Q1 profit rise of 45
    per cent, citing strong sales in North America.Net income rose to $61.7
    million, or EPS of $0.36, from $42.4 million, or EPS of $0.26 in 2005.
    The results reflect costs of $8 million or $0.03 per share related to
    new accounting rules for stock options granted to employees.North
    American sales rose 9 per cent and European sales rose 2 per cent.

    Ingram Micro launches marketing business
    MAI
    2006 – Santa Ana (CA): Ingram Micro has launched its own marketing
    communications agency.The agency will offer marketing, advertising and
    public relations.”Two of the biggest challenges facing the IT industry
    are consistent channel communications and integrated marketing
    efforts,” the company said. “Our goal is to help manufacturers and
    solution providers cut through the noise and clearly communicate their
    vision, benefits, expertise and services in today’s commoditised,
    over-hyped sales environment.”