Accelerating Your Success™1 Accelerating Your Success™
Avnet Analyst Day 2010
Performance & Potential
Avnet, Inc.
December 15, 2010
Accelerating Your Success™2 Accelerating Your Success™
Summary and Wrap-Up
Roy Vallee
Chairman & CEO
Accelerating Your Success™Accelerating Your Success™
Recognized Industry Leadership
#142 on 2010
Fortune 500
Information Week recognizes Avnet among Top 250 Technology Innovators
Launched 4 new vertical
practices in high growth markets
CIO Magazine Names Avnet
CIO 100 Award Honoree
Certified Cisco Unified Computing
System
Relocated assembly
warehouse to Nogales, Mexico
2010 Fortune’s
Most Admired
EBV celebrates 40
years of success
Accelerating Your Success™Accelerating Your Success™
Avnet Portfolio: Performance & Potential
4Sources: Bishop, Electronics Outlook, Fleck, Gartner, IDC, iSuppli (Rev: 11/2010)
TS LAC
TS EMEA
TS Asia Pac
EM Americas
EM EMEA
TS N. AmericaEM Asia Pac
EM Japan
2% 3% 4% 5% 6% 7% 8% 9% 10% 11%
ROWC
LRPT
Low
Ret
urn
on
Wo
rkin
g C
apit
al
H
igh
Note: Bubble size represents Q1FY11 sales annualized
Low 3 Year Market Growth CAGR 2010-2013 High
Accelerating Your Success™Accelerating Your Success™
Avnet Portfolio: Performance & Potential
5
TS LAC TS EMEA
TS Asia Pac
EM Americas
EM EMEA
EM Asia Pac
TS N. America
EM Japan
ROWC
LRPT
Low
R
etu
rn o
n W
ork
ing
Cap
ital
H
igh
Note: Bubble size represents Q1FY11 sales annualized
Fragmented Avnet Estimated Market Share Consolidated
Accelerating Your Success™Accelerating Your Success™
Avnet’s Value-Based Management Journey
ROCE
Revenue
5%
10%
$5 $10 $15 $20 $25
FY07
FY06
FY08
FY04
FY05
WACC
Driving Growth
FY10
16%
14%
FY09
Accelerate EP$ Growth12.5%
Shareholder
Value
Great Recession
V-Shaped Recovery
Accelerating Your Success™Accelerating Your Success™7
• Leveraged post-tech bubble growth to new records
– Doubled revenue to $18B with ROWC 2,199 basis points to 25.1%
• Performed well through the Great Recession
– Trough to trough performance significantly improved
– Quarterly records for revenue, EPS & ROCE in 1st year of recovery
• $24B revenue run rate with expanded global footprint
– More diversified and substantial growth opportunities
• ROCE is within target range at the enterprise level
– Opportunity for expansion and/or higher growth
• Avnet is the global leader in technology distribution
– Substantial opportunities to grow economic profits/shareholder value
Demonstrated Performance & Exciting PotentialDemonstrated Performance & Exciting PotentialDemonstrated Performance & Exciting Potential
Accelerating Your Success™Accelerating Your Success™
Demonstrated Performance
and
Exciting Potential
THANK YOU