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Computacenter

Company profile:
Computacenter is Europe’s leading multi-vendor IT infrastructure services provider. To us, customer proximity means understanding business requirements and reacting to these in a precise manner. On this basis, we develop, implement and operate tailor-made IT solutions for our customers. We evaluate the benefits of new technologies and swiftly and professionally integrate these into existing IT environments. Our financial strength and market presence offer customers and partners long-term stability and security.

We reach our customers through an extensive network of sites throughout Germany, the UK, France and Benelux as well as international partners in Europe, Asia and North America. In 2006, Computacenter turned over around € 3.3 billion with approx. 10,000 employees.

Computacenter plc - Press Release

Preliminary results announcement
11th March, 2008. Computacenter plc, the European IT infrastructure services provider, today announces preliminary results for the twelve months ended 31 December 2007.

FINANCIAL HIGHLIGHTS
 
Financial performance
  Group revenues up 4.8% to £2.38 billion (2006: £2.27 billion)
  Adjusted* profit before tax up 12.3% to £42.7 million (2006: £38.0 million)
  Adjusted* diluted earnings per share up 34.1% to 18.5p (2006: 13.8p)
  Final dividend of 5.5p per share, total dividend 8.0p (2006: 7.5p)
  Net borrowings before customer-specific financing of £16.2 million (2006: net funds of £29.4 million)
Statutory performance
  Profit before tax up 27.7% to £42.1 million (2006: £32.9 million)
  Diluted earnings per share up 67.0% to 18.2p (2006: 10.9p)
  Net borrowings of £79.8 million (2006: net funds of £10.8 million)

OPERATING HIGHLIGHTS
  First Group revenue growth since 2003
  UK business enters 2008 with a record contract base and a strong pipeline of new business across market sectors
  Best ever performance from Computacenter Germany since acquisition with growth across both product and services
  Significant progress achieved in France driven by key management initiatives

Mike Norris, Chief Executive of Computacenter plc, commented:

“Computacenter made encouraging progress across the Group in 2007. The strong performance in the UK in the second half of the year and the gains made throughout the course of 2007 in Germany and France, allow us to look to the future with confidence.

“We have for some years been pursuing a strategy of strengthening our services capabilities, restructuring the cost base of our product supply business, increasing our mid-market penetration, and upgrading our sales capabilities. We believe that we have made, and are continuing to make, strong progress in all of these areas.”

* Adjusted for exceptional items and amortisation of acquired intangibles.

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Computacenter plc
  Mike Norris, Chief Executive
Tel.: +44 (0) 17 07/631 601
Tessa Freeman, Investor Relations
Tel.: +44 (0) 17 07/631 514
www.computacenter.com
 
Tulchan Communications
  Stephen Malthouse
Tel.: +44 (0) 20/7353 4200
www.tulchangroup.com

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Computacenter is Europe´s leading independent provider of IT infrastructure services