Distributors see third quarter growth

Beancounters at Context have said that distributors across Europe have done well in the third quarter and should see more growth.

An analysis of how distribution has performed across Europe in the third quarter from Context showed that there was 7.1 percent year-on-year growth in Q3.

That growth can be added to 5.4 percent in the second quarter and the 4.7 percent generated in the first.

In the UK growth came in at above five percent, with strong demand for telecoms, data centre networking and servers.

Some of the strongest territories included Southern Europe, with Italy, Spain and Portugal all delivering more than 10 percent growth in Q3. Finland and Norway were the only two countries that saw things dip in the third quarter.

Adam Simon, global managing director of Context, said it was good to see the channel building on its promising start to the year with only two countries failing to grow and the majority of markets expanding faster than they did during the previous three months.

“This news is compounded by the findings of our second quarter ChannelWatch survey which revealed that the majority of resellers are more optimistic about business in the next 12 months. Those distributors able to meet the changing demands of their partners and differentiate on value-added services and in new areas like the cloud, will look to the future with optimism.”