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Share Price Information for Computacenter (CCC)

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4,340.00    -116.00 (-2.60%)
Bid:
4,296.00
Ask:
4,376.00
Spread: 80.00 (1.862%)
Market Cap: £4.55b
CCC Live PriceLast checked at - London Stock Exchange

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AGM Statement

4 May 2007 07:00

Computacenter PLC04 May 2007 At Computacenter's AGM to be held at 11.00am today, the following will be announced: The performance of Computacenter in the first quarter of 2007 has been mixed. We have made good progress in France. Although Computacenter France is not yetback in profit, the run rate losses are much reduced and we expect thisimprovement to continue throughout the year. Computacenter Germany has performed well, with trading ahead of the previousyear. The underlying business results have exceeded our expectations despitebeing held back slightly by losses arising from the two shared datacentre services contracts, although these are much reduced on the second half of 2006. In the UK, our services business has won important new contracts including thefive-year outsourcing agreement with BT. However, product sales have failed tomeet expectations and the overall UK financial performance in the first quarterhas been below that achieved in the first quarter of 2006. Overall, we continue to anticipate that the full-year performance of the Groupwill be in line with management's expectations but this remains, as always,dependent upon the overall state of the IT market. For further information, please contact: Computacenter plc.Mike Norris, Chief Executive 01707 631 601Tessa Freeman, Investor Relations 01707 631 514www.computacenter.com Tulchan Communications 020 7353 4200Stephen Malthousewww.tulchangroup.com This information is provided by RNS The company news service from the London Stock Exchange
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