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Computacenter

Computacenter picks up steam after grim Q1

Computacenter issued a not entirely depressing trading statement this morning, saying business had picked up after a grim start to its financial year. The systems integrator issued a profit warning for its first quarter back in May. But this morning it said organic growth in the first was its “strongest for a number of years …
Joe Fay, 10 Jul 2008
Computacenter

Computacenter coughs to gloomy first quarter

Computacenter has warned of difficult trading in the first quarter of 2008, especially in France and the UK. The reseller said business in the UK had picked up towards the end of the quarter. They came in at £346.6m, up 1.1 per cent overall but down 1.5 per cent on a like for like basis. Sales in Germany were flat. Non-UK …
John Oates, 16 May 2008
triangular warning sign featuring exclamation mark

PC World, Currys staff to be dumped in DSGi rescue plan?

Hundreds of PC World and Currys staff could see the job axe swing on Thursday (15 May) when the stores’ owner DSG International (DSGi) announces its latest trading statement and strategy review. DSGi is understood to be closing 200 of its 700 stores as well as considering switching its outlets to a new superstore format, …
Kelly Fiveash, 12 May 2008
Sage

Sage names new chair

Software vendor Sage has appointed Tony Hobson as its new chairman. The UK-based business management software firm had been looking to fill the chair, which was left vacant by Sir Julian Horn-Smith who unexpectedly quit the post last month citing irreconcilable differences. Hobson, who is also chairman of Northern Foods plc …
Kelly Fiveash, 25 May 2007
globalisation

Sage profits slip in first half

Sage will spend the rest of the current financial year bedding down its latest crop of acquisitions after releasing first half results that showed revenues up but net profits down. The UK-based business software vendor turned in revenues of £574.4m for the six months ending March 31, up 26 per cent on the previous year. Or up …
Joe Fay, 9 May 2007
graph up

Sage makes British buy

Accountancy and small business specialist Sage has bought UK firm Snowdrop Systems Limited. Sage is paying £17m in cash for the company which made sales of £7.5m in the year ended December 2006. Snowdrop has headquarters in Witney, Oxfordshire as well as offices in Australia, Barcelona, and Glasgow. Snowdrop makes systems …
John Oates, 8 May 2007
cloud

Sage chairman leaves after seven months

The chairman of UK-based accountancy software group Sage has quit, citing irreconcilable differences with the board. Sir Julian Horn-Smith joined the firm from Vodafone in September, where he had risen to Deputy Chief Executive over 20 years at the operator. This morning he told the Stock Exchange his tenure at Sage would be …
globalisation

Computacenter product business stages comeback

Computacenter has managed to tighten its belt a couple of notches and turn its infrastructure business into its headline feature - for the right reasons. The firm's preliminary results to the year ended 31 December 2006 boast a "strong performance" for its Technology Solutions division. These "compensated for slower growth" in …
Mark Ballard, 13 Mar 2007
homeless man with sign

Compel sold to 2e2

Reseller 2e2 is paying £52.9m for all the shares of UK reseller and hire company Compel. Compel shareholders will get 149.3 pence per share. This price represents a 14 per cent premium on yesterday's close or a 59.5 per cent premium on its average closing price over the last year. The Compel board unanimously recommends the …
John Oates, 6 Mar 2007

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