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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

Intraday Computacenter Share Chart

Trading Update

12 Jul 2006 07:00

Computacenter PLC12 July 2006 Computacenter plc Pre-Close Trading Update The first half of 2006 has been a period of steady progress for Computacenter. Our UK Technology Solutions saw strong growth on the back of a number ofprojects, while our Managed and Support Services achieved modest growth incomparison. On the product side of the UK business, improved margins have morethan compensated for a decline in revenues. This margin improvement comes from amore favourable mix of business, including increased datacentre spend, strongdemand from the financial services sector and a decline in low margin tradedistribution sales. In Germany, we expect to report a small profit for the first six months incomparison to losses last year. Product sales have been weak but servicesmargins have improved. We have also secured some substantial new ManagedServices wins in Germany, with the contracts starting later in the year. France has experienced good revenue growth, which should assist in reducing thescale of the losses in the first half. However, the French market hasexperienced strong downward pressure on margins. Computacenter will today, 12 July 2006, hold an Investor and Analyst conferencecall. Computacenter will report its interim results on Tuesday 12 September 2006. Enquiries: Computacenter plc:Mike Norris, Chief Executive 01707 631601Tessa Freeman, Investor Relations 01707 631514www.computacenter.com Tulchan CommunicationsStephen Malthouse 020 7353 4200www.tulchangroup.com This information is provided by RNS The company news service from the London Stock Exchange
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