Trading Statement
20 4월 2005 - 4:02PM
UK Regulatory
RNS Number:2733L
Computacenter PLC
20 April 2005
Trading Update
Since the start of the year, Computacenter has experienced difficult trading
conditions. Group sales are approximately 10% down compared to last year,
although on an improving trend as the quarter has progressed. This revenue
shortfall has been due to lower product sales; service revenues, other than in
France, have increased in the quarter.
The reduced product sales, coupled with an adverse change in mix towards lower
margin product, have generated smaller rebates from our major vendor. This has
had a material impact on achieved margins in the first quarter.
We are projecting product revenues for the balance of the year to be broadly
similar to last year and margins to be lower for the rest of the year, although
not to the same extent as we have experienced in the first quarter. Therefore,
unless market conditions change, Computacenter's profits for the year will be
substantially below last year.
We will give a further update on trading in our pre-close statement in early
July.
Enquiries:
Computacenter plc:
Mike Norris, Chief Executive 01707 631601
Tony Conophy, Finance Director 01707 631515
www.computacenter.com
Tulchan Communications:
Tim Lynch 020 7353 4200
www.tulchangroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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