French reseller giant posts double-digit annual revenue drop

One of France's largest resellers expects to record a doubled-digit annual revenue slump despite seeing product sales rebound in its final quarter. In provisional figures issued to the stock exchange this morning, Econocom said revenues for its year to 31 December 2020 tumbled by 11.3 per cent to €2.6bn. The Euronext Brussels-listed firm, which has over 10,000 staff in 18 countries, attributed the fall to project delays in both the private and public sectors in the wake of the pandemic...