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.”