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April 24, 2015

Computacenter ready for progress

Company grew in the UK and Germany, but French business declined.

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Computacenter Q1 revenue fell 2% from £733.7 million in 2014, to £715.9 million as the French market continued to suffer.

In the UK revenue increased 7%, to £361.4 million (2014: £339.0 million)

Total revenue in Germany was up by 5% in constant currency to £252.3 million, £12 million more than in Q1 2014.

Revenue in France declined by 12% in constant currency to £90.8 million from 2014’s £102.9 million.

The report shows that at end of Q1, the group’s net funds were of £27 million.

The company said 2015 should be "a year of progress" following its financial results of 2014.

 

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