Computacenter PLC
3 July 2002
Pre-Close Trading Statement
Computacenter plc is today holding an investor day at its head office in
Hatfield for analysts and investors. During the presentation, Mike Norris, Chief
Executive, will comment on trading in the first half of 2002 and outlook for the
Company. The following information will be released:
'Computacenter's performance, in the first half of 2002, has been in line with
expectations and is showing a marked improvement over the second half of 2001.
IT spending in our markets has remained depressed and conditions in certain
sectors, most notably investment banking, have deteriorated since the second
half of last year. Computacenter has however, benefited from its ongoing
investment in managed services, which continues to deliver double digit sales
growth. Further progress has been made in reducing the Company's underlying cost
base.
Although at this stage, forecasting the out-turn for the full year remains
difficult, management expectations are unchanged. As stated at the time of our
preliminary results, if current market conditions continue we would expect a
similar profit performance to last year with any growth in profit being
dependent on an improvement in market conditions.'
Computacenter will be announcing its Interim Results on 5th September 2002.
For further information, please contact:
Mike Norris, Chief Executive Computacenter plc 01707 631 601
Julie Foster Tulchan Communication 020 7353 4200
This information is provided by RNS
The company news service from the London Stock Exchange
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