Premier Farnell, which was demoted from the FTSE 250 index last September, reported a 2.8 per cent increase in sales to £247m in the three months to May 1.
However, much of this was due to the success of the Raspberry Pi mini-computer.
Earlier this year the group launched the latest version of Raspberry Pi, which has built in Wi-Fi and Bluetooth.
Premier said Raspberry Pi 3 has twice the performance of the previous generation but will cost the same as its predecessor at £26.
Premier Farnell’s element14 division, which manufactures and distributes Raspberry Pi, said the new generation board is faster and more powerful than ever before and comes with built-in wireless LAN and Bluetooth connectivity.