VAR sees growing turnover for second quarter

Computacenter confident of growth

Following a strong second quarter, infrastructure and services giant Computacenter has predicted the highest rate of organic growth for ‘a number of years’, CRN has reported.

The firm boosted its pre-tax profits by eight per cent; however, pre-tax profits for the first half of 2008 are expected to be lower than the same time last year

Additionally, the groups’ British divisions are expected to turn in a lower profit for the second half of the year, mainly due to heavy investment its mid-market and services division. The groups’ French and German subsidiaries are anticipated to continue to grow profits.

A statement from Computacenter read: “We are encouraged by the Group’s performance in the second quarter. Although there is much uncertainty in the market place, customers undoubtedly need to invest in information technology to increase the efficiency of their businesses, reduce risk and improve their competitiveness. We believe customers are increasingly looking to Computacenter to gain an increased value from their information technology investment.”

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