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Avnet Ranks No. 108 on the FORTUNE 500 List of Largest Companies

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FORTUNE Magazine unveiled that global technology distributor Avnet, Inc. (NYSE:AVT) ranked No. 108 on the 2015 FORTUNE 500 list of largest U.S. companies based on the company’s $27.5 billion in sales in fiscal year 2014. Avnet improved its ranking on the list, moving up from No. 117 in 2014. In addition, Avnet was recently recognized by FORTUNE on its “World’s Most Admired Companies” list in the Wholesaler: Electronics category for the ninth year in a row.

“Being recognized on the FORTUNE 500 is a testament to our entire global team and the partnerships we’ve built with customers and suppliers around the world,” said Rick Hamada, CEO of Avnet, Inc. “It’s also a reflection of our steadfast commitment to profitable growth driven by an unwavering focus on innovative services and solutions for our business partners.”

For the FORTUNE 500, companies are ranked by total revenues for their respective fiscal years. For more information about the list, please visit http://fortune.com/500.

Follow Avnet on Twitter: @Avnet
Connect with Avnet on LinkedIn or Facebook: http://www.linkedin.com/company/2572 or facebook.com/avnetinc
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 revenue of $27.5 billion. For more information, visit www.avnet.com.

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