Ingram Micro, a leading technology distributor, reported strong results for the second quarter of fiscal 2025. Global net sales rose 10.9% to $12.8 billion, surpassing the company’s own expectations. The company attributes this growth to solid performance across all geographic segments, including the EMEA region. Net income declined by 16% to just over $37.8 million.
In the EMEA region (Europe, Middle East and Africa), net sales increased 4.8% to $3.5 billion. This growth was driven primarily by demand for client and endpoint solutions, with particularly strong sales of desktops, laptops and components. Revenue from advanced solutions, cloud services and other service offerings also contributed to the positive results.
Stable operating results in EMEA
Operating income in the EMEA region rose from $52.6 million to $55.7 million. The operating margin held steady at 1.60%, a slight increase from 1.58% in the same quarter last year. According to Ingram Micro, this improvement stems from lower selling, general and administrative expenses and better operational efficiency, despite a shift toward lower-margin products.
CEO Paul Bay expressed satisfaction with the quarter’s outcome: “We delivered a steady second quarter, with growth across all four regions and our three primary business segments. Our resilience was tested by a ransomware incident, but that did not materially affect our results for the quarter ended in June. Our digital platform, Xvantage, played a critical role in our recovery and continues to strengthen service delivery.”
Ingram Micro expects continued growth into the third quarter of 2025, supported by strong performance across its core businesses.
Ransomware incident
In addition, Ingram Micro confirmed that data were taken from its systems during a ransomware attack by the SafePay group in July. According to CEO Paul Bay, the attack, which disrupted the company’s order systems, is “complex and ongoing.” Forensic investigations are underway, and Bay indicated that “some data have been taken” from company systems. If it is determined that personal information has been compromised, the company will notify affected individuals in accordance with applicable regulations. Transparency and compliance remain top priorities. The company emphasized the resilience of its internal teams and partners, and the crucial role its digital platform played during the recovery.
Read more on Ingram Micro’s website.