Articles about Morse Group

globalisation

Morse ups profits on flat sales

Morse Group failed to grow revenue in the six months ended 31 December, but did manage a big jump in profits. Revenue was £107.6m versus £107.5m last year. But profit before tax was £4.1m compared to £2.2m in the second half of 2008. Ebitda was up 94 per cent to £4.6m. Morse made an operating profit of £4.1m against a £2.7m …
John Oates, 10 Feb 2010
Morse

Duncan McIntyre severs ties with Morse

Duncan McIntyre no longer works at Morse, the reseller he ran for 10 years until July 2007. That was when Morse demerged the sexier bit of the group, Monitise plc. McIntyre jumped on board Monitise as executive chairman, but retained a seat on Morse's board until last week, when he handed in his resignation. And how's this for …
Team Register, 13 Aug 2008
chain_relationship_channel

Feel Cisco's WRATH: Over 1,000 placed on DENIED partner sh*t list

Exclusive Cisco has launched an EMEA-wide crackdown in the channel after expelling Phoenix IT Group from the Gold Partner network, which our sources alleged was because it flouted support rules by supplying grey market kit. The Brand Protection police at the networking Goliath sent letters to more than 1,000 resellers, integrators and …
Paul Kunert, 08 Nov 2013
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Value added reselling is dead - Morse chief

Value added reselling based on computer hardware "is dead", according to Duncan McIntyre, CEO of Morse Group, the corporate reseller. In a webcast yesterday accompanying full year results, Mcintyre said that commoditisation of computer hardware was a permanent fixture. But he sees “significant opportunities” in his own business …
Team Register, 01 Sep 2005
Zombies, credit: Wikimedia from Night of The Living Dead

2e2 for you: Should zombies be allowed to run NHS IT?

The 2e2 Group finally called in the administrators to its UK ops* late on Monday 28 January, 2013, a month or two after main senior directors were released and replaced on the instructions of owners Hutton Collins. The IT services firm had recently re-stated a year’s accounts, was rumoured to have been in breach of banking …
Eddie Pacey, 05 Feb 2013
The Register breaking news

Germany is tough for Morse

ComputerWire: IT Industry Intelligence Morse Group Plc, Europe's largest Sun Microsystems reseller, said yesterday that its German business has endured its toughest ever quarter and warned that trading in its core telecom and banking markets remains "uncertain." The London, UK-based company said that in its fiscal third …
ComputerWire, 10 May 2002
The Register breaking news

Morse gears up for £300m stock market float

Morse Holdings, the parent company of Morse Group is to float on the London Stock Exchange. The flotation is expected to give Morse a market capitalisation in the region of £300 million. The initial offering will be valued at around £200 million, £70 million of which will be new money raised for the company. The remaining £130 …
Sean Fleming, 16 Feb 1999
The Register breaking news

Morse puts IPO on backburner

Morse Group, the leading UK Sun reseller, has blamed unfavourable market conditions for shelving its £600 million flotation plans this year, according to yesterday's Sunday Times. The company will attempt an IPO next year, the newspaper says. Morse has never announced publicly its intention to float, but the Sunday Times usually …
Drew Cullen, 05 Oct 1998
The Register breaking news

Morse hit by slow server sales in 2001

Poor sales of servers at Hewlett-Packard Co and Sun Microsystems Inc caused Morse Group Plc, Europe's largest server reseller, to report a large drop in revenue in the second half of 2001. In the six months to December 31, the Brentford, UK-based company made a net loss of £6.1m ($8.7m) compared to a gain of £8.3m ($11.8m) in …
ComputerWire, 27 Feb 2002