Mouser Electronics announced that during 2013 it has outstripped the general distribution market in Europe and expects to achieve year-on-year revenue growth figures of above 30%. During Q4 -2013, the company enjoyed its best ever European quarter performance and September, October and November were all-time record months.
This market-leading performance, coupled with future aggressive growth plans, positions Mouser for further significant European growth in 2014. “In Europe we are well ahead of our revenue targets and have grown our customer base by over 30% with new business coming from every industry sector,” said Graham Maggs, European Marketing Director at Mouser. “Semiconductors now represent over 40% of our sales, and, importantly, we have seen an 11% increase in the sales of parts that were introduced by the manufacturer in the last 12 months (NPI sales). These facts lead to the conclusion that we are now accepted as the design-fulfillment distributor of choice and go-to place for newest components.”