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4-Traders Homepage  >  Equities  >  Euronext Paris  >  STMicroelectronics    STM   NL0000226223

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STMicroelectronics : Robert Miller Acknowledges Future Electronics Team for Outstanding Global Sales Support

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04/20/2017 | 09:01am CEST

Robert Miller, President of Future Electronics, congratulated his team on their recognition by STMicroelectronics for outstanding sales support.

Pointe Claire, Canada, April 20, 2017 --(PR.com)-- Future Electronics, a global leading distributor of electronic components, was recently recognized by STMicroelectronics for providing outstanding sales support in 2016.

In turn, the President of Future Electronics, Robert Miller, thanked his team for all their efforts and hard work in earning this distinction, which was based on overall performance, strong customer engagement, and achieving the fastest sales growth in standard products.

"We have a great partnership with Future Electronics, and alignment in all regions of the world," said Ashley McGaha, vice President Americas Region Channl Sales, STMicroelectronics. "Future's emphasis on relationships has built excellent customer engagements that have contributed to growing our registrations and sales."

AnnaMaria Pietromonaco, Corporate Vice President of Supplier Development with Future Electronics, explained, "By providing the industry's highest level of service and security of supply coupled with the most creative and customizable customer programs in the industry, Future Electronics stands out and is able to attract many customers our competitors simply aren't able to capture."

Robert Miller, the President of Future Electronics, expressed his appreciation to everyone on the team who contributed toward this impressive recognition given by STMicroelectronics, one of the company's highly valued suppliers.

For more information about Future Electronics, visit: www.FutureElectronics.com.

About Future Electronics

Future Electronics is a global leader in electronics distribution, ranking 3rd in component sales worldwide, with an impressive reputation for developing efficient, comprehensive global supply chain solutions. Founded in 1968 by Robert Miller, President, Future Electronics has established itself as one of the most innovative organizations in the industry today, with 5,000 employees in 169 offices in 44 countries around the world. Future Electronics is globally integrated, with one worldwide IT infrastructure providing real-time inventory availability and access, while enabling full integration of its operations, sales and marketing worldwide. Offering the highest level of service, the most advanced engineering capabilities and technical solutions through all stages of the design-production cycle, and the largest available-to-sell inventory in the world, Future's mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.

Media Contact

Martin H. Gordon
Director, Corporate Communications
Future Electronics
www.FutureElectronics.com
514-694-7710 (ext. 2236)
Fax: 514-630-2671
[email protected]

Contact Information:
Future Electronics
Martin H. Gordon
514-694-7710
Contact via Email
http://www.futureelectronics.com
237 Hymus Boulevard
Pointe Claire
Quebec

Read the full story here: http://www.pr.com/press-release/713051

Press Release Distributed by PR.com

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Financials ($)
Sales 2017 7 658 M
EBIT 2017 713 M
Net income 2017 614 M
Finance 2017 375 M
Yield 2017 1,69%
P/E ratio 2017 23,10
P/E ratio 2018 17,05
EV / Sales 2017 1,69x
EV / Sales 2018 1,55x
Capitalization 13 344 M
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Mean consensus HOLD
Number of Analysts 18
Average target price 13,9 $
Spread / Average Target -4,8%
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NameTitle
Carlo Bozotti President & Chief Executive Officer
Maurizio Tamagnini Chairman-Supervisory Board
Jean-Marc Chery Chief Operating Officer
Carlo Ferro CFO, EVP-Finance, Legal, Infrastructure & Services
Didier Lombard Vice Chairman-Supervisory Board
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