Premier Farnell finds it tough to match last year

First quarter revenues and profits were down at electronics components supplier Premier Farnell, but the group said sales are stabilising.

First quarter revenues and profits were down at electronics components supplier Premier Farnell, but the group said sales are stabilising.

Total revenue in the February to April quarter was down 5.0% at £241.0m from £252.5m the year before. Both Europe and Asia Pacific showed strong sequential growth of 2.1% and 8.5%, respectively with Asia Pacific returning to year-on-year

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