Feeds

UK.gov torpedoes Computacenter product revs

Continental subs relieve UK dog's breakfast

  • alert
  • submit to reddit

The essential guide to IT transformation

Reseller giant Computacenter has declared a "satisfactory" start to he year, even as the UK government's austerity drive pulled helped drag down group revenues growth to 2 per cent.

Overall performance for the year should be in line with management expectations the mega dealer said.

Group product revenue was flat on the year, with weakness in the UK offset by strong growth in Germany and France. Services revenue was up 6 per cent.

The UK saw product revenue slump by 23 per cent, in part because of the UK government's tightening of the purse strings. Q1 is the public sector's splurge month as public servants work to the spend it or lose it mantra. Bu the firm said the product slump would a much less insignificant effect on its revenue. The figures were also off kilter because of a particularly large deal a year ago.

Looking further in the year, Computacenter said its service new business pipeline looked "promising" and it was implementing new contracts at better margins than in the past.

Germany saw product revenues jump to 28 per cent, while services grew 9 per cent. French service revenues were up 10 per cent with product revs up 22 per cent. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.