The Channel logo

back to article BrightPoint bosses steer biz to Q2 losses

BrightPoint recorded significant losses for calendar Q2 just as Ingram Micro was preparing to table an offer of $850m for the wireless device and services distie. In results filed last night, the firm turned over $1.27bn (£814m), up three per cent year-on-year for the period ended 30 June. This included $1.14bn from product …

COMMENTS

This topic is closed for new posts.
Holmes

Perilous margins

Undoubtedly some house cleaning here but nonetheless, component distribution margin of just over 3% does raise the question of just how far it can drop. Anything generally less than 4% becomes unsustainable on a consistent basis. This is one of the biggest challenges Distribution faces at a time also when incremental volume within broad liners is only achievable through acquisition.

Logistics, at roughly 11% of revenue contributed some 56% of total gross profit.

0
0
This topic is closed for new posts.

Forums

Opinion

Woman cuddles 'sly-looking' Fennec fox. Photo by Shutterstock
Cartoon of employee asking wky boss makes hium wear suspenders (while pincer through open trapdoor remains poised above his head) illustration by Cartoon resource for Shutterstock

Frank Jennings

It's not like my boss painstakingly nurtured the contacts, right?

Features

Girl and computer, photo via Shutterstock
Middle-class terror of engineering also part of problem
Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world