Beancounters at Context claim that the European channel did rather well in 2020 despite the pandemic,
The outfit reported that distribution sales hit €26.3 billion with year-on-year (YoY) growth of 10.2 percent for the fourth quarter. Full year sales were €83.3 billion, and growth stood at 7.2 percent on last year.
This year is expected to do just as well thanks to digital transformation along with increased demand for home working and homeschooling technology.
