Westcon-Comstor Unveils Robust Financial Performance
Total revenue up 8% to $3.69bn , driven by strong software resultsGross profit up 23% to $403bn , with double-digit growth across all regionsAdjusted EBITDA increases by 26% to $120.2m , with further 0.5pp improvement in margin to 3.3%
He concludes by saying, “With our data-driven approach at the fore, coupled with our commitment to Partner Success and environmental and social responsibility, our robust performance throughout the year highlights our ability to deliver value and service excellence. We are optimistic that the coming year will be another year of growth for the company.
FY24 has seen an easing in the supply chain constraints experienced in the previous year, as there has been a steady improvement in hardware supply chain and product availability. The overall backlog on a net revenue basis has declined from $768m to $446m.
FY24 witnessed a relaxation in the supply chain constraints experienced in the previous year, with a steady improvement in hardware supply chain and product availability. The net revenue backlog decreased from $768 million to $446 million, indicative of an overall improvement in the supply chain landscape.
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