Northamber: Turnaround will take some time

Doug Woodburn
clock •

Distie's revenue drops by a fifth in year to date

Loss-making distributor Northamber has warned that its turnaround "will not be immediate" in a typically lugubrious trading update. The broadliner revealed in an interim management statement thi...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Businesses fail to develop women leaders, despite female involvement in AI being crucial, IBM report finds

Vendor

Businesses fail to develop women leaders, despite female involvement in AI being crucial, IBM report finds

Big Blue finds a disparity in the number of UK businesses wanting more women at the table in the age of AI and actually taking steps to develop them

clock 01 May 2024 • 3 min read
Northamber cooking up expansion plans with Tempura acquisition

Distributor

Northamber cooking up expansion plans with Tempura acquisition

The VAD will be paying a max of £6m, split into an upfront payment of £3.3m, £100k of shares and an earn out of £2.6m

clock 30 April 2024 • 2 min read
IBM confirms $6.4bn HashiCorp purchase by year's end

Vendor

IBM confirms $6.4bn HashiCorp purchase by year's end

‘HashiCorp has a proven track record of enabling clients to manage the complexity of today’s infrastructure and application sprawl,’ says IBM CEO Arvind Krishna

clock 25 April 2024 • 3 min read
Doug Woodburn
Author spotlight

Doug Woodburn

View profile
More from Doug Woodburn

Infinigate CEO takes aim at APAC and fresh M&A after brand revamp

Shannon and Hodgson on 'amicable' ANS exit and future plans

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

Get the newsletter

More on Distributor

Climb Channel Solutions moves to further fuel EMEA expansion with new hires
Distributor

Climb Channel Solutions moves to further fuel EMEA expansion with new hires

Global distie brings on board a host of European directors and VPs to spearhead growth in the region

Kelsey Rees
Kelsey Rees
clock 08 May 2024 • 3 min read
Sophos signs Infinigate as it pursues expansion with small and medium MSPs
Distributor

Sophos signs Infinigate as it pursues expansion with small and medium MSPs

Partnership provides route to market for Sophos' newly launched Partner Care programme

Victoria Pavlova
clock 02 May 2024 • 1 min read
Exclusive: Pax8's John Street steps down, taps CTO Scott Chasin as CEO
Distributor

Exclusive: Pax8's John Street steps down, taps CTO Scott Chasin as CEO

‘I can’t imagine a better leader, he’s got terrific vision, he’s got the fire in his belly that I share with him and he’s ready to take it to a whole new level,’ Pax8’s John Street said of naming Scott Chasin its new CEO

CJ Fairfield
clock 02 May 2024 • 5 min read