Feeds

Computerland UK issues profits warning

Contracted revenues up

  • alert
  • submit to reddit

Computerland UK, the Nottingham-based corporate reseller, has issued a profit warning - the company says it will make £300k PBT for its full financial year.

This means it lost money in the second half of the year. Sales were up in the second half of the year to 30 April - but not as much as it had expected. Growth was slower than in the first half, the company says.

The villains of the piece were the product and the Netman desktop management businesses which traded below expectations. But services - outsourcing, hardware support and remote management - grew in line with forecasts.

These also produce recurring revenues - something that City IT analysts love. Computerland says that significant new contract wins will flow through its new financial year and beyond.

Joining the company as an executive director is Peter Jaggard. Currently an NED, Jaggard was once Northern regional manager for Computacenter. ®

The Register has a new section for resellers. It's called Channel Flannel. And there is a permanent link to the section on the front page.

The article above also appeared in Microsoft Partner, a site for UK resellers only.

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
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.