Avnet Reports Third Quarter Fiscal 2021 Financial Results

The following table presents reported and organic sales growth rates for the third quarter and first nine months of fiscal 2021 compared to fiscal 2020.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Nine Months Ended

 

 

 

 

 

Sales As

 

Organic

 

 

 

 

 

 

 

 

 

 

 

Organic

 

 

Sales As

 

Reported

 

Sales

 

 

 

 

Sales As

 

 

 

 

Organic

 

Sales

 

 

Reported

 

and Organic

 

Adj for TI

 

 

 

 

Reported

 

 

 

 

Sales

 

Adj for TI

 

 

and

 

Year-Year %

 

Year-Year %

 

Sales As

 

Year-Year %

 

Organic

 

Year-Year %

 

Year-Year %

 

 

Organic

 

Change in

 

Change in

 

Reported

 

Change in

 

Sales

 

Change in

 

Change in

 

 

Year-Year

 

Constant

 

Constant

 

Year-Year

 

Constant

 

Year-Year

 

Constant

 

Constant

 

 

% Change

 

Currency

 

Currency (1)

 

% Change

 

Currency

 

% Change

 

Currency

 

Currency (1)

Avnet

 

14.1

 

%

 

10.7

 

%

 

22.0

%

 

6.2

 

%

 

3.9

 

%

 

3.9

 

%

 

1.6

 

%

 

9.5

 

%

Avnet by region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

(3.5

)

%

 

(3.5

)

%

 

4.9

%

 

(3.8

)

%

 

(3.8

)

%

 

(6.0

)

%

 

(6.0

)

%

 

(0.2

)

%

EMEA

 

4.8

 

 

 

(3.4

)

 

 

6.5

 

 

0.1

 

 

 

(6.0

)

 

 

(2.1

)

 

 

(8.2

)

 

 

(1.8

)

 

Asia

 

36.2

 

 

 

35.0

 

 

 

50.3

 

 

17.7

 

 

 

17.0

 

 

 

15.3

 

 

 

14.6

 

 

 

25.4

 

 

Avnet by segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EC

 

13.7

 

%

 

10.5

 

%

 

22.9

%

 

6.2

 

%

 

4.0

 

%

 

3.9

 

%

 

1.7

 

%

 

10.4

 

%

Farnell

 

18.2

 

 

 

12.3

 

 

 

12.3

 

 

6.1

 

 

 

2.4

 

 

 

3.9

 

 

 

0.2

 

 

 

0.2

 

 

_________________________  
(1) Sales growth rates excluding the impact of the termination of the TI distribution agreement.

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