Revenues at DID Electrical owner decline to €173m

Apple reseller Select Technology has added 23 stores to the group with the purchase of family owned DID Electrical last December

Select Technology Group acquired DID Electrical in December.

Pre-tax profits at the tech retail group which purchased DID Electrical last December declined by 23% to €1.36m.

New accounts filed by Apple reseller Select Technology Sales and Distribution Group Ltd show the group recorded the drop in profit after revenues dipped by 10.5% from €193.55m to €173.1m in the 12 months to the end of September last.