Ingram Micro Holding Corp 2024年度报告

Distributing Trust 2024 Financial Highlights Dear Stockholders, Reflecting on 2024, I am incredibly proud of how Ingram Micro has navigated challenges, seizedopportunities, and strengthened our position as a leader in the technology ecosystem. It was a yearof transformation and momentum—one that saw us reaffirming our commitment to innovation, drivingoperational excellence, and delivering value to our customers and vendors. In October, we celebrated our listing on the New York Stock Exchange, marking a pivotal milestone inour company’s history. But beyond our return to the public markets, we also continued evolving into aplatform-driven business, leveraging our global scale, deep technical expertise, and industry-first digitalsolutions to redefine how technology is bought, sold, and consumed. Strong Results and Continued Transformation Against the backdrop of a dynamic macroeconomic environment, we closed the year with a return toyear-over-year top-line growth and solid financial performance. Specifically, in 2024 we delivered netsales of $48 billion, Adjusted EBITDA of $1.3 billion, and Adjusted Free Cash Flow of $443 million.* Wealso strengthened our balance sheet, paying down $483 million on our term loan during the year. Our Ingram Micro Xvantage™platform continues to reshape our business, bringing together hardware,software, and services into a seamless, AI-powered digital experience. We have now expandedXvantage into 18 countries, helping customers and vendor partners streamline their operations, increasevisibility in the channel, and enhance their ability to serve end users. Through frictionless quoting,automated workflows, and real-time analytics, to name only a few of its capabilities, Xvantage hasproven to be a game-changer in how technology is consumed in today’s market. Maintaining our Identity Much has changed at Ingram Micro—and in our industry—since we were last publicly traded in 2016.We have expanded our global footprint, now operating in more than a dozen additional countries. Ourcloud and digital businesses have surged, fueled by strategic investments and innovation. We divestedour Commerce & Lifecycle Services (CLS) business in 2022, sharpening our focus on remaining a criticallink in the technology value chain. And with the launch of Xvantage, we are redefining how technology isbought, sold, and managed. Yet, despite this transformation, our core identity has remained steadfast. We are still a diversified globalleader, with total net sales from regions outside North America increasing from 58% to 64% during our timeas a private company, reflecting our persistent investment and growth in emerging markets. We continueto partner with the biggest and most influential names in technology. Alain Monié, who guided us as CEOduring our last chapter as a public company, now serves as Chairperson of the Board, and eleven of thethirteen members of our executive leadership team—with combined experience at Ingram Micro of morethan 200 years—were with the company prior to its going private, bringing deep institutional knowledge.Through it all, we have never wavered in our relentless commitment to excellence or in our mission to removecomplexity, empower our partners, and deliver transformative technology solutions at scale. What Sets Ingram Micro Apart Our competitive advantage is built on a combination of global reach, operational excellence, value chainintegration, and unparalleled innovation. We have a scale that few can match, with operations in 57 countries,serving more than 161,000 customers and 1,500 vendor partners. This scale, combined with our targetedinvestments in process automation and in our platform evolution, allows us to amplify efficiencies and reducefriction across the entire technology supply chain. A Culture of Innovation and Responsibility Beyond financial performance and operational efficiency, we take great pride in the recognition we receivedduring 2024, including over a hundred industry awards from our vendor partners, industry peers, andcommunity organizations. These accolades reflect the dedication of our 23,500 team members worldwide,whose passion and expertise strengthen our relationships and bolster our standing with a wide variety ofstakeholders. We also remain deeply committed to our sustainable impact program. In each of the past two years, wehave achieved a Platinum medal rating from EcoVadis, reserved for the top 1% of the more than 125,000companies on its platform, acknowledging our commitment to responsible business practices. Our 10 toZero initiative—targeting the elimination of greenhouse gas emissions, waste, and workplace safety incidentsby 2030—continues to be a key priority. The Path Ahead As we enter 2025, our focus remains on four guiding principles that will drive continued innovation anddifferentiation: • Maintaining leadership in digital by standardizing and modernizing the way we work, serve, andsupport the industry through improved t