Northamber statement shows profit and loss

Distributor Northamber has issued a trading statement for its fiscal year ending 30 June.

Distributor Northamber has issued a trading statement for its fiscal year ending 30 June.

According to Reuters, the company said its margins and its trading profitability have improved. While experiencing good sales in Q3, growth declined in April and May due to an industry-wide downturn in demand for PCs.

Consequently, it warned that its turnover will be £20m less than the £320m previously estimated.

Final results are expected in September.

Northamber declined to comment.