Feeds

Great Stan of resellers shows off its financials

Another stonking year for Computacenter – it’ll be trebles all round at Babooshka tonight

  • alert
  • submit to reddit

New hybrid storage solutions

Computacenter has reported turnover and pre-tax profit growth in the UK for the sixteenth consecutive year. The reseller giant today recorded preliminary results showing turnover up 39.9 per cent to £1.6 billion. Pre-tax profit rose 37.2 per cent to £64.6 million for the year ended 31 December 1998. The UK company’s earnings per share leapt 30.4 per cent to 27 pence. Dividend was 2.5 pence per share, up 0.5 pence on the same period the previous year. Philip Hulme, Computacenter chairman, said: "The growth of the group in 1998 was significantly in excess of market growth. This was the result of our continued focus on expanding the range of services offered to our existing customers, new account wins and the outstanding performance of our overseas operations." Mike Norris, Computacenter CEO, said the company would continue to grow its e-commerce system, On-Trac. Orders taken and processed via on-Trac exceeded £284 million during 1998, with over 400 customers using it, according to a Norris. The reseller said it would continue to increase investment in each of its three subsidiaries abroad. "The euro, the growth of e-commerce applications and the approach of Microsoft’s Windows 2000 operating system will all be increasingly important growth drivers for our business over the coming year," said Norris. ®

The next step in data security

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.