Computacenter profit beats forecasts

11th Mar 2010 07:44

IT infrastructure services provider Computacenter reported a better than expected 26% rise in full-year pre-tax profit and said it enters 2010 in good shape.Adjusted pre-tax profit increased to £54.2m in the year ended 31 December compared with £43.1m in the previous period. However, revenues decreased slightly to £2.50bn from £2.56bn.Computacenter is paying a second dividend of 8 pence a share, bringing the total dividend for the year to 11 pence, up from 8.2 pence in 2008.'We enter 2010 in good shape with a lower cost base and having secured our largest services contract win to date in the first quarter of the year. The economic climate across Europe is still fragile and while the UK has begun the year very well, Germany has experienced a challenging start,' said chief executive Mike Norris.'In spite of this we believe that the investments we are making in our business, together with our strong balance sheet, position the group well to take advantage of market opportunities and capture further share.'