Interim Results Announcement
11th September, 2007. Computacenter plc, the European
IT infrastructure services provider, today announces
interim results for the six months ended 30 June 2007.
| Financial Highlights: |
 |
|
Group revenues up 4.1% to £1.16
billion (2006: £1.11 billion) |
|
|
Operating profit* up 12.1% to £12.8 million
(2006: £11.4 million) |
|
|
£3.0 million net interest income reduction,
primarily due to capital return in 2006 |
|
|
Profit before tax* 11.8% lower at £12.8
million (2006: £14.5 million) |
|
|
Diluted earnings per share up 9.3%
to 4.7p (2006: 4.3p) |
|
|
Interim dividend of 2.5p per share
(2005: 2.5p) |
* Reported post amortisation of acquired
intangibles
| Operating Highlights: |
|
|
Awarded multinational BT Group contract
to provide desktop services and supply product to
BT’s entire global estate |
|
|
UK operating profit impacted by price erosion
and services contract renewals |
|
|
Improved pipeline of UK services activity |
|
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Acquisitions of Digica and Allnet strengthening
services capability |
|
|
Improved performance in Germany with
growth across all areas of the business and significant
contract wins |
|
|
Continued progress in France with
further restructuring cost efficiencies |
Ron Sandler, Chairman of Computacenter plc, commented:
“Overall, the Group performance in the first
half has been encouraging. We were pleased to see a
stronger performance from France and Germany and expect
this trend to continue. In the UK, despite a weaker
performance, we have made good progress in transforming
our business in response to some fundamental changes
in our markets. We remain committed to translating these
adjustments into consistent performance improvements.
Looking ahead, we expect our market positioning and
performance to continue to improve. The second half
of the year has started positively for the Group and
we are increasingly confident about our outlook for
the full year, which remains unchanged.”
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