Tech Data anuncia los resultados del tercer trimestre: los ingresos netos permanecen sólidos mientras las ventas en Estados Unidos crecen 44%
1° de diciembre de 1999 - En inglés
CLEARWATER, FL-- Tech Data Corporation today announced record sales for the third quarter ended October 31, 1999. Sales in the third quarter increased 31.5% to $4.31 billion from $3.28 billion for the comparable quarter last year. Net income for the third quarter totaled $33.0 million, or $.60 per diluted share, compared with $34.1 million, or $.63 per diluted share in the third quarter last year.
Sales for the nine months ended October 31, 1999, increased 59.0% to $12.21 billion, compared with $7.68 billion in the same period last year. Net income for the nine-month period this year totaled $90.4 million, or $1.67 per diluted share. Net income for the nine months ended October 31, 1998 totaled $84.8 million, or $1.64 per diluted share, excluding the gain on the sale of its former Munich-based subsidiary Macrotron AG.
The company experienced strong third-quarter sales growth and profitability across all regions. Sales growth rates in the U.S., Europe, and other international markets were 44%, 14% and 60%, respectively, in the third quarter. U.S. business represented approximately 54% of overall sales during the quarter, while Europe and other international markets totaled 39% and 7%, respectively.
"We continued to execute very well on a worldwide basis while taking additional market share during the third quarter," commented Steven A. Raymund, Tech Data's chairman and chief executive officer. "It's particularly exciting to generate these results as we also advance major strategic initiatives, including a burgeoning Internet business that has helped drive total electronic commerce sales to over $2 billion annually."
In recognition of its electronic commerce success, Tech Data ranked 10th on the Internet 500 published in November by Interactive Week. Other recent honors included being named to the CIO 100, a prestigious listing by CIO magazine of the top 100 companies that "have prepared for the new economy and are strategically leading the business community into the next millennium."
Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include the following: business conditions and growth in the personal computer industry and general economy; competitive factors including compressed gross profit margins; inventory risks due to shifts in market demand; product availability; changes in product mix; labor strikes; and the risk factors listed from time to time in the company's reports filed with the Securities and Exchange Commission.
About Tech Data
Tech Data Corporation, founded in 1974, is a leading full-line distributor of technology products worldwide. The Fortune 500 company and its subsidiaries operate in over 30 countries, serving more than 100,000 resellers in the United States, Canada, the Caribbean, Latin America, Europe and the Middle East. In addition to distributing more than 75,000 products, Tech Data provides extensive pre- and post-sale training, service and support as well as high-quality configuration and assembly services and a full range of electronic commerce solutions. The company generated sales of $11.5 billion in its most recent fiscal year, which ended January 31, 1999. Tech Data's Web site can be found at www.techdata.com.
Tech Data Third-quarter Financial Results - Consolidated Statement of Income and Balance Sheet (
 Adobe Acrobat PDF).
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