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E-security pulls in the profits for Computerlinks

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ComputerLinks AG, the German networking equipment distributor owned by UK-quoted company Fayrewood plc, reports strong growth in Q1, with "incoming orders, EBITDA and cash flow each increased by approximately
200%".

Sales were up 197 per cent to E38.5m and sales pre employees were movedup from E0.11m to E0.14m.
More than half of the sales - 53 per cent - were in what Computerlinks calls e-security.

The UK accounted for more than 50 per cent of company sales and Germany produced 35 per cent.

Pre-EBITDA earnings were up 189 per cent to E3.3m.
With goodwill writedowns coming in at E1.2m, earnings before tax was 1.8m.

Computerlinks is listed on the Neuer Markt. ®

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