Farnell's Raspberry Pi helps to increase sales by 2.8 per cent

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.

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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.