Company rises 40+ places on the list of the world’s largest
corporations
Avnet,
Inc. (NYSE: AVT),
a global technology distributor, today announced that it ranked No. 430
on the 2015 FORTUNE
Global 500, an annual list of the world’s largest corporations.
Based on Avnet’s $27.5 billion in revenue in fiscal year 2014, the
company moved up 44 places from No. 474 previously. Avnet was the only
Phoenix-headquartered company named to the list.
“Avnet’s rise on the FORTUNE Global 500 directly
reflects the dedication of our employees in accelerating the success of
our customers around the world,” said Rick
Hamada, CEO of Avnet, Inc. “This recognition also underscores
Avnet’s powerful combination of local market knowledge and global scale,
which allows us to serve customers efficiently wherever they do business
today while also helping them capitalize on opportunities for
future growth.”
Companies on the FORTUNE Global 500 are ranked by total revenues
for their respective fiscal years. For more information, or to see the
entire list, please visit: http://fortune.com/global500/.
Avnet’s placement on the FORTUNE Global 500 follows this year’s
earlier ranking as No. 108 on the FORTUNE
500 list of the largest U.S. companies, as well as recognition
by FORTUNE as one of the World’s
Most Admired Companies.
Follow Avnet on Twitter: @Avnet
Connect
with Avnet on Facebook or LinkedIn: http://www.facebook.com/AvnetInc
or http://www.linkedin.com/company/avnet
Read
more about Avnet on its blogs: http://blogging.avnet.com/
About Avnet, Inc.
Avnet, Inc. (NYSE: AVT),
a Fortune 500 company, is one of the largest distributors of electronic
components, computer products and embedded technology serving customers
globally. Avnet accelerates its partners' success by connecting the
world's leading technology suppliers with a broad base of customers by
providing cost-effective, value-added services and solutions. For the
fiscal year ended June 28, 2014, Avnet generated sales of $27.5 billion.
For more information, visit www.avnet.com.
All company and product names may be trademarks of the respective
companies with which they are associated.
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