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Arrow Electronics, Inc. (NYSE: ARW), Englewood, CO,No. 2 on MDM's list of the top electronics distributors, reported full year sales for 2013 of $21.4 billion, an increase of 5 percent from the previous year. Profit decreased 21.1 percent to $399.4 million.
Sales for the fourth quarter were $6.15 billion, an increase of 14 percent year-over-year. Profit decreased 22.8 percent to $134.8 million.
Global components fourth-quarter sales increased 8 percent year over year, with sales in the Asia-Pacific region increasing 9 percent. Global enterprise computing solutions sales increased 23 percent, with sales in the Americas up 19 percent.