UK IT distribution sales powered up 6.5% year-on-year in Q2 thanks to “synchronised” growth across all three B2B channels.
That’s according to market watcher CONTEXT, which says the UK IT distribution sector demonstrated “strength and resilience” by outgrowing most of its European peers during the quarter.
Among the top-five European distribution markets, the UK’s quarterly growth rate was topped only by Spain.
This was thanks to “robust” growth across the UK corporate, SMB reseller and e-tailer business channels, CONTEXT UK Country Manager Nick Westcott said.
“Businesses and households are clearly facing strong financial headwinds, from rising fuel and freight costs to new tax pressures and declining payroll employment,” Westcott, said.
“Yet the UK channel continues to demonstrate remarkable agility and depth. Strong growth across all three business channels has driven this upward momentum, and it’s the first time since Q3 2024 that we’ve seen that kind of synchronised performance.”
Context’s figures come following two blockbuster deals in the UK distribution space.
After Westcoast closed its €553m sale to ALSO in February, DCC Group this month agreed to sell Exertis IT to private equity house AURELIUS for around £100m.
Generating a fifth of UK distribution revenues, the consumer channel also enjoyed “solid momentum” during the quarter, CONTEXT said.
“Retail sales are doing the heavy lifting in consumer, with five consecutive quarters of growth. That speaks volumes about where demand is coming from, and it is not just replacement cycles. Higher ASPs and appetite for performance upgrades in graphics and components also played a role,” Westcott said.