it for our earnings call. fiscal XXXX and Joe, conference been fourth for thank Avnet. year quarter a you, you, and joining Thank everyone What year has
to robust fiscal nearly $X on a results, of the financial heels our the we've record the centennial EPS prior year's for built momentum deliver On year, year. reaching including anniversary,
two we both revenue are This synergies had and by the about from notably, a great record was Our revenue up performance as the strong XX% seeing Electronic for well. and year we were a a operating for supported Components the Farnell. year year fiscal are year-over-year. really nearly groups, excited between sales for We
As near-term this and announced X.X% the year pleased the we ended income the fiscal X.X%, of achieved quarter also targets off to margin fiscal and surpassed cap our in for margins we're recently year, with year. earlier and operating operating
Beyond host in the New excited numbers, where were many our opportunity Investor stakeholders had to in Day to we the York. June, our of in person we see
appointment investments Electronic CFO, recently, years are ensures part We which who a also design of Farnell as of inventory, make Badhorn, for in additions in announced the plan. effective finance delivered fiscal more at to We've in strategic key organization a in These XX-year of successions the continued key process, our tools to a our nine SKU application succession that Components; of the executing and and year, including appointment in growth. and continuity Ken executive our online for field moves contributor and leader meaningful of couple Americas this veteran value September. planning been engineers Avnet Jacobson, including Dayna new has have
are and remain employees off challenging a in employee a merit-based competitive increase acknowledge our our compensation kicking market. across to in investments and and performers make XXXX to rewards continue strong labor fiscal we Additionally, with base
have sooner operating our suppliers risk provide anticipated. increasingly and of of been business grow our high customers our margin secure value throughout amid than support mentioned complex the enabled opportunities, surpass Farnell year, service lastly, executing to supply decrease new to to and proud uninterrupted in I've proposition their looking to engagements, and on commitment chains, exciting chain near-term supply As targets offerings, an and environment. share we've us macro immensely the strategy our team's enhance our contributions to Their
to instrumental expertise, experience, are efforts of are teams role the the in global at terms of supply and Our technology unmatched diligence, chain. Avnet's and success their center and
well and From strength a year a We this deliver build past coming quarter, aerospace demand saw positioned perspective, the adapt defense market the future. foundation strong we in transportation, fiscal upon to have value in industrial, to continued change the segments. if automotive, and conditions and are in even and
Lingering on some and Ukraine and we like some on expect conflict Additionally, in on ripple energy applications alternative energy to supply inflation continue based have charging current some pick impacts supply EV applications other chains. the up effects impacts, concerns. to COVID-XX
It's environments of chain as to of distributor has parts modestly some the role expect this a we persist the challenges is in year. improved, -- supply that supply types our While these critical. of calendar throughout remainder particularly
the over is customers, as their chains. in our the serve of our for a ability proven complex helping we've value environment to manage tower supply proactively control them a Avnet As years, operating
We in suppliers coming expect customers leverage to and solutions more these fully years. the
regions. were demand Components Farnell third currency milestone our year, in Now, a We Electronic sales and a EMEA a highlights. growth Electronic XX% year. region in of Asia, for reaching following the These Americas of year-over-year and the growth our of pleased this Notably, by the creation $XX quarter saw were and the quarter sales fifth a this EMEA robust maintain basis. over record very in in constant And primarily which in of engagements, in turning expanded to enabled sales solid quarter to billion fiscal another near-term this to us both on sales and sales. a Components was results nearly $XX strong quarter reach for consecutive quarter. had we strong billion driven Asia Americas
remained end the some some lead Our extended, have while mixed; times controllers, quarter for times products the Lead other moderating. been of book-to-bill at particularly remain ratios above are of parity.
We quarter. support the We continue of first brought our seasonally our quarter into manage backlog. levels sales up effectively to to strong ramp-up fiscal inventory in Asia this the
in across and engineering in to the we the place regions. in key our As of I a revenue partners of and in and another creation a meet managing right had quarter right we time. creation activity and with a as demand the demand proud we ability at sales creation registrations parts customer standpoint, have Electronic design the percentage for customers ourselves Components to gross had support right pride of yet distributor, resulted get levels demand to strong of record the wins on From relationships all am again quarters Demand profit. quarter and success year. prior total of XX.X% a and High solid increased design supplier
Now, moving to Farnell. on
mentioned over fairly SKUs XX,XXX indicators in Farnell, the consistent, year inventory year full continue Farnell, revenues I we record year-over-year. XX.X% earlier, a new was quarter. As demand remaining to for it in adding revenue With investments with increasing make
of orders in platform Our e-commerce meaningful transacted Farnell's XX% user the placed this through yield investment sales and were total results. Farnell's Nearly total e-commerce quarter. improving to experience Farnell's platform and XX% of continues
expect quarters We in to to customer to acquisitions continue see traffic and come. increased new
expect Components. Avnet. serve continue capabilities, digital value This increase introduction and we us enhance new improve key collaboration a to differentiator allows to is As our and our production, to collaboration customers we from for to and synergistic product Farnell's the proposition Farnell Electronic between mass
chain value leverage a opportunity year to XXXX, demand company opportunities. head capabilities, We're and offerings. services, a remain distributors, and greater into supply confident embedded durable its those ability upon Avnet to and resilient for of and see to need products to been fiscal due different we more we build the creation Farnell today we never the made for our in meet our changes There's global we've much business. As
immense it his to moment take to contributions turn to for to I the a Before financials, over to thank deeper Tom dig into Tom I'd like Avnet.
our transition the Over four profitable, has and past big and a part into stronger, more half resilient years, company. Tom a been of a
Tom calls, Our leader served hasn't but balance have who and critical Jacobson. me financial as a and, a many seasoned finance since an me his on nine Corporate you these the this has we are I'm for transition to our in having is our years. CFO, join and working as him the He a been sheet has Avnet Ken has miss role. Tom hands built importantly, of high-quality met. I'm he our already excellent invaluable in partner executive, with past Ken in Controller confident team incoming strong served organization my been into organization and going CEO decades. have to alongside absolutely
over So, that, let pass to Tom. with me it
