Premier Farnell returns to sales growth in first quarter

Sales growth at web and technology firm Premier Farnell came in well ahead of expectations in the first quarter though margins slipped slightly.

Sales growth at web and technology firm Premier Farnell came in well ahead of expectations in the first quarter though margins slipped slightly.

Sales per day returned to year-on-year growth of 2.8% in the three months ended May 5th, compared with the 3.0% decline in the preceding fourth quarter. The firm said this reflected its "strategic actions to drive customer acquisition and market share and strong growth in sales of 'Raspberry Pi' and associated products".

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