Computacenter PLC
12 July 2006
Computacenter plc
Pre-Close Trading Update
The first half of 2006 has been a period of steady progress for Computacenter.
Our UK Technology Solutions saw strong growth on the back of a number of
projects, while our Managed and Support Services achieved modest growth in
comparison. On the product side of the UK business, improved margins have more
than compensated for a decline in revenues. This margin improvement comes from a
more favourable mix of business, including increased datacentre spend, strong
demand from the financial services sector and a decline in low margin trade
distribution sales.
In Germany, we expect to report a small profit for the first six months in
comparison to losses last year. Product sales have been weak but services
margins have improved. We have also secured some substantial new Managed
Services wins in Germany, with the contracts starting later in the year.
France has experienced good revenue growth, which should assist in reducing the
scale of the losses in the first half. However, the French market has
experienced strong downward pressure on margins.
Computacenter will today, 12 July 2006, hold an Investor and Analyst conference
call.
Computacenter will report its interim results on Tuesday 12 September 2006.
Enquiries:
Computacenter plc:
Mike Norris, Chief Executive 01707 631601
Tessa Freeman, Investor Relations 01707 631514
www.computacenter.com
Tulchan Communications
Stephen Malthouse 020 7353 4200
www.tulchangroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.