Feeds

UK.gov torpedoes Computacenter product revs

Continental subs relieve UK dog's breakfast

  • alert
  • submit to reddit

High performance access to file storage

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. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.