Computacenter First-Half Profit Rises 26% on Higher Sales
Stock Chart for Computacenter PLC (CCC)
Computacenter Plc (CCC), which supplies computer services to companies, said first-half profit rose 26 percent as sales growth in France and Germany offset weaker performance in the U.K.
Net income was 19.9 million pounds ($32 million), up from 15.8 million pounds a year earlier, the Hatfield, England-based company said in a statement distributed on the Regulatory News Service. Revenue increased 5.9 percent to 1.37 billion pounds.
“We remain on track to achieve the board’s expectations for 2011,” Chief Executive Officer Mike Norris said in the statement.
Computacenter shares rose as much as 13.5 pence, or 3.7 percent, to 383 pence and closed up 1.2 percent at 374.1 pence as of 4:30 p.m. in London trading, giving the company a market value of 575.7 million pounds.
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