Mike Norris
Norris: Start of year was challenging

Computacenter reports 14 per cent profit drop

Half-year profits down, but second quarter results stronger after slow start to the year

Written by Tom Young

Infrastructure services provider Computacenter has seen half-year profits fall 14.2 per cent to £11m from £12.8m in the same period last year, while revenues increased 7.8 per cent to £1.25bn from £1.16bn.

Second quarter results for the year reflected a significant improvement on first quarter results said Mike Norris, chief executive of Computacenter.

“After a challenging start to the year, we are encouraged by the sales performance we recorded in the first half which is a continuation of the upward trend re-established in 2007," he said. “While much remains to be done, management is confident of achieving its expectations, assuming no material deterioration in market conditions.”

Revenues in the UK were up 5.5 per cent to £708.1m thanks to improved sales to medium-sized enterprises.

reader comments

related articles

Computacenter chief executive Mike Norris

Computacenter avoids the credit crunch

Revenue at UK IT services supplier up for first time since 2003 11 Mar 2008

 

Computacenter predicts £41.2m profit

A clutch of late contracts has helped to raise forecasts for the services group 09 Jan 2008

Computacenter profits but UK struggles

European sales boost revenue, but UK profit dropped 28 per cent 20 Sep 2007

Computacenter recovers from shaky Q1 2008

IT infrastructure and services firm posts solid H1 results after strong second quarter 28 Aug 2008

Computacenter unveils solid results

Corporate reseller registers first full-year growth for four years as UK posts strong second-half results 14 Apr 2008

Xerox predicts solid growth in 2009

New European document processing centre to open in the UK 25 Nov 2008

related whitepapers

today's top stories

Solid as a rock

From power cuts in Nigeria to severe server congestion in Lancashire, Lisa Kelly reports on the potential hazards facing three very different organisations and the steps they have taken to ensure their operations are robust enough to withstand them 02 Dec 2008

Technology and privacy

Watch the final video in a two-part Computing roundtable debate on the importance of putting data privacy issues at the heart of your IT plans 02 Dec 2008

IT staff desperate to keep their jobs

Most would work longer hours for less pay 02 Dec 2008

VMware View 3 enhances virtual desktops

Virtual clients now take up less storage space and can be 'checked out' to a laptop 02 Dec 2008

Technology and privacy

Watch part one of a two-part Computing roundtable debate on the importance of putting data privacy issues at the heart of your IT plans 01 Dec 2008

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Advertisement

Jobs

Related jobs

Job of the week

Job alerts

Sign up here

Find your next job

IT Salary Checker

Check salary here

Advertisement

White papers

Search white papers

Top categories

VPN, Extranet and Intranet Solutions

WAN/ LAN Solutions

Network Security

Interoperability-Connectivity

Grid/ Utility Computing

Latest poll

Will the terrorist attacks in Mumbai affect your offshoring plans?

Will the terrorist attacks in Mumbai affect your offshoring plans?

Is India becoming a risky destination?

Previous poll results

Latest audio and video articles

Padlocked CDVideo

Technology and privacy

Watch the final video in a two-part Computing roundtable debate on the importance of putting data privacy issues at the heart of your IT plans 02 Dec 2008

Podcast imageAudio

Computing podcast - Standard Life's offshoring plans; and the prospects for government IT

The insurance giant outlines its new outsourcing strategy; and we ask if the government's economic bailout will affect its IT plans 28 Nov 2008

Latest in-depth articles

Parcel being packedFeatures

Case study: eSpares and business continuity

Online electricals business has managed to decrease its downtime 02 Dec 2008

Royal Blackburn HospitalFeatures

NHS trust recovers from server overdose

Virtualisation technology breathed new life into East Lancashire's cost-intensive system 02 Dec 2008

Advertisement

Primary Navigation