Feeds

Fayrewood sales up

And other Channel Financial Flannel

  • alert
  • submit to reddit

Sales at Fayrewood, the UK-listed, European operated IT distribution holding group, were up 54 per cent to £and profits were up 97 per cent to £10m. 260m for the year to 30 April, 2001.

The directors reckon the net worth of the company is £100m, compared with the £6 million raised in net equity in the UK.



Computerland UK has delivered pre-tax profits of £304k on sales up 31 per cent to £36.9 million for the year to 30 April 2001. The previous year it turned in a loss of £182k. The Nottingham-based reseller reports a "strong cash inflow of £1.2m (and) net cash of £3.6m". Also longer-term contract biz is up, reducing the firm's "future vulnerability to more volatile product sales".




Anite is paying up to £1.8m for Didgicom Ltd, a develope of "bespoke travel software products". Anite will shell out £650K up front and the rest is contingent on Didgicom hitting profits targets. The business will complement Anite's travel division.



Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.