Aug 31 Computacenter Plc reported a
nearly 10 percent fall in first-half adjusted profit, hurt by
additional contract start-up costs in key market Germany but the
IT company said it was on track to meet its revised expectations
for the year.
The company, which provides IT infrastructure services and
also advises customers on IT strategy, said it expects topline
growth in IT services outside the United Kingdown to slow.
Computacenter said in June that it expected an additional 7
million pounds in start-up costs in its key Germany market,
where it has won several new contracts. But last month it said
it was on track to meet the challenges.
The company, which gets most of its business from Eurozone
countries, said adjusted profit before tax fell to 24 million
pounds ($37.95 million) for the six months ended June 30 from
26.6 million pounds a year earlier.
Revenue, including acquisitions, was up 4.2 percent at 1.42
The company raised interim dividend to 5 pence per share
from 4.5 pence last year.
Computercenter shares, which have risen about 8 percent
since the start of the year, closed at 369.9 pence on the London
Stock Exchange on Thursday.