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About Computacenter:
Computacenter is Europe’s leading multi-vendor IT infrastructure services provider. We optimise the value of IT for companies and public-sector clients. Like no other provider, we are able to understand, and implement, our customers’ business requirements. On this basis, we develop and implement customised technological solutions and services to secure the operation of their IT. We quickly and pro-fessionally integrate new technologies into our customers’ IT. Our financial strength and market presence offer customers and partners long-term stability and security.
We reach our customers through an extensive network of sites throughout Germany, the UK, France and Benelux as well as international partners in Europe, Asia and North America. In 2006, Computacenter turned over around € 3.3 billion with approx. 10,000 employees.

Computacenter plc - Press Release

Pre-Close Trading Update
10th July, 2007. Computacenter is today holding an Investor and Analyst conference call to provide an update on trading for the six months to 30 June 2007.

Group operating profit for H1 2007, prior to the amortisation of acquired intangibles, is expected to be in line with the same period last year. Interest income will be below last year due to the £75 million share buyback, which took place on 3 July 2006 and the spend of approximately £35 million on acquisitions. Net borrowings at the period end prior to customer-specific financing are expected to be circa £20 million.

In the UK, a disappointing performance was delivered in H1 in both Products and Services. The Product Division, whilst showing some recovery in Q2 compared to Q1, has traded below 2006 levels. The UK Services Division has suffered price erosion on renewals and the loss of some key contracts in 2006, as previously explained. However, this was offset by stronger performances in Germany and France.

Computacenter Germany has performed well with record first half profits in H1 2007. We expect this improvement to continue throughout the year with market conditions remaining strong.

The good progress in France in Q1 has continued through the second quarter. The performance of the business continues to improve, although it is still loss-making.

The Board also announces that Ron Sandler, currently Executive Chairman, will with immediate effect become non-executive Chairman of Computacenter.

Computacenter will report its Interim results on 11 September 2007.
 

 
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Computacenter plc
  Mike Norris, Chief Executive
Tel.: +44 (0) 17 07/631 601
Tony Conophy, Finance Director
Tel.: +44 (0) 17 07/631 515
Tessa Freeman, Investor Relations
Tel.: +44 (0) 17 07/631 514
www.computacenter.com
 
Tulchan Communications
  Andrew Grant
Stephen Malthouse
Tel.: +44 (0) 20/7353 4200
www.tulchangroup.com
 
 
Computacenter is Europe´s leading independent provider of IT infrastructure services