UPDATE 1-Premier Farnell profit rises on strong emerging markets sales

* Full-year pretax profit rises 8.4 pct to 74.8 mln

* Revenue increases 2.6 pct to 968 mln pounds

* Asia-Pacific revenue rises 12.4 pct

* Shares rise 4 pct in morning trade

(Adds details on outlook, divisions, updates share movement)

March 20 (Reuters) - Premier Farnell Plc, a distributor of small electronics and electronic parts, reported an 8.4 percent rise in full-year pretax profit, helped by higher-than-expected sales in emerging markets like China and India in the second half of the year.

The company said the current year got off to a positive start despite adverse weather conditions affecting its North America business in February.

Shares in the company rose 4 percent to 228.8 pence in morning trade on the London Stock Exchange.

Pretax profit for the year ended Feb. 2 rose to 74.8 million pounds ($124.3 million) from 69 million pounds a year earlier.

Revenue rose 2.6 percent to 968 million pounds at the company, which sells roughly half a million products ranging from batteries to CCTV cameras in more than 100 countries.

Premier Farnell, which started out as a radio parts seller in 1939, said sales in emerging markets grew 14.9 percent in the year, ahead of the company's target of 10 percent.

Asia-Pacific revenue rose 12.4 percent during the year, with second-half recording a 15 percent increase.

Per-day sales in China and India grew 25.7 percent and 20.3 percent respectively.

Revenue at the company's marketing and distribution (MDD) business, which accounts for about 92 percent of total turnover, rose 2 percent to 892.7 million pounds.

Premier Farnell also said it would acquire U.S.-based privately held engineering design services firm AVID Technologies Inc for $13 million. ($1 = 0.6014 British Pounds)

(Reporting by Noor Zainab Hussain in Bangalore; Editing by Gopakumar Warrier)