Fujitsu Siemens, Europe's largest remaining computer
manufacturer, posted a 60% profits rise for the first half of its
financial year, on higher sales of laptops and servers to business
customers.
Pre-tax profit in the six-month period soared 60% to €18m
(£12.4m) from €11m a year earlier. Revenue grew 15% year-on-year,
to €2.6bn, the company said.
The joint venture company projected sales to rise 5% by March
2005.
President and chief executive Bernd Bischoff warned that the
market remains highly competitive.
In the financial year ending 31 March, Fujitsu Siemens reported
its first-ever annual net profit, of €38.3m, after posting a loss
of €9.6m last year and €7m the year before.
John Blau writes for IDG News Service
