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Bell Micro celebrates Euro growth - PC Retail

Bell Micro celebrates Euro growth

Territory drives increase in revenue
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Bell Micro has announced its preliminary fourth quarter and full-year revenues, with it pointing to Europe as a key driver of its "strong growth".

It announced that it expects to post fourth quarter turnover to the tune of $1.08 to $1.1 billion, an increase of between eight and ten per cent on last year's figures.

Full year figures are expected to reach $4.05 billion – a rise of 19 per cent. Recent acquisition ProSys is thought to have contributed around ten per cent of that growth.

Its European operation's revenues jumped 13 per cent, with the distributor citing strong peripheral sales and the weak dollar as the main reasons behind the increase.

Peripheral sales themselves were up 16 per cent in Europe compared to 2006, while solution product sales increased 11 per cent year-on-year.

In a statement, Bell's chief executive, Donald Bell said "We are pleased with our quarterly results and our ability to generate record quarterly and full year revenue for the company.

"We generated growth across all geographic regions and also in both our solutions, and components and peripherals product categories during the fourth quarter and year."

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