In September, Computacenter announced interim results for the six months ended 30 June 2006. These show significant before-tax profits, due largely to a more favourable business mix.
Although Group revenues were largely unchanged, profit before tax increased by 76.7% to £14.5m (2005: £8.2m).
In recent years, the company’s growth in sales of enterprise products (including servers), software and services has outstripped its performance in the area of desktops, notebooks and peripherals. This trend continued in the first half of 2006 to such an extent that PC and peripheral business revenues now account for only 33% of the Group total.
Within the UK, the performance of Technology Solutions, Computacenter’s consulting and systems integration unit, was particularly encouraging with a number of significant projects undertaken in such areas as server virtualisation, datacentre relocation and security solutions.
The recently established Computacenter Direct, the telesales mid-market provider, continued to grow aggressively. The newly formed software business unit also showed strong growth. The German business has returned to profit and successfully secured several new managed services contracts while the French business showed improved performance.
Highlights during the six months included: Group revenues of £1.11bn (2005: £1.15 bn); profit before tax of £14.5m (2005: £8.2m); and earnings per share of 4.3p (2005: 1.2p).
For the full interim release, go to WWW.COMPUTACENTER.COM/INVESTORS
