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13 Mar 2007
Computacenter has seen an upturn in profit for the 12-months ended 31 December 2006 despite a marginal drop in turnover.
The services and infrastructure giant announced its preliminary results today, which showed group turnover of £2.27bn compared to £2.29bn the previous year.
Operating profit before exceptional items increased by 14.5 per cent to £33.6m compared to £35.7m in 2005. This figure includes around £6.2m of losses arising in Germany associated with the start-up of two shared datacentre contracts.
In the UK operating profit increased by 16.8 per cent to £37.5m compared to £32.1m in 2005, which it attributed to ‘improved gross margins on product sales’.
Ron Sandler, chairman of Computacenter, said in a statement: “The results reported today show the early signs of progress arising from the considerable efforts in recent years to improve the strategic positioning and operating performance of Computacenter. These initiatives position the Group well for the future.”
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