Feeds

Lynx issues warning over distribution

Talking up a shift toward services

  • alert
  • submit to reddit

Seven Steps to Software Security

Following a fall in its end-of-year profits, the Lynx Group has also warned of "uncertainties" in its distribution business coming up to the new year. The UK company blamed the poor performance on the millennium bug and difficult market conditions. Pre-tax profits fell to £11m from £13.3 million despite a 17 per cent rise in turnover to £212.5 million. The group has made a number of acquisitions in the last year, and may now be suffering the longer term effects of a short-term income boost. Richard Last, Lynx chief executive, said the company will now concentrate on growing its consultancy and support services operations. Last also said the company had set aside "a number of millions" for future acquisition targets both inside and outside the UK. ®

Boost IT visibility and business value

More from The Register

next story
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.