Computacenter in boost for full year

first_img IT firm Computacenter – which provides services for supermarket giant Morrisons – said full-year profit would be at the top end of market expectations. The continued growth in IT services and its customers resuming spending on new equipment has helped to fuel the improving figures.The company, which also counts Lloyds Banking Group as a customer, said it was benefiting from cost cuts made in 2009, when the business slashed spending on new technology in response to the economic downturn.Chief executive Mike Norris said: “Customers are refreshing, upgrading, improving and investing in their IT infrastructures and we are well placed to meet these needs.”“In 2010 we have seen strong product revenue recovery and we anticipate that product revenue will grow steadily in 2011, subject to the overall economic environment.”The group said revenue for IT services grew six per cent, while product sales grew by 13 per cent excluding the disposal of its trade distribution arm at the end of 2009.Analysts expect the group to post a 29 per cent rise in pre-tax profit to £62.6m with a range of £61 to £66.3m. Last year the company landed a lucrative contract to move all staff at international law firm Eversheds onto iPads. The company, which is based in Hatfield, Hertfordshire, has also seen revenue rises in France and Germany as it expands its international operations. Computacenter in boost for full year by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Share KCS-content Tuesday 11 January 2011 7:53 pmcenter_img Tags: NULL whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp Show Comments ▼last_img read more