IT supplier
Computacenter
(CC) said revenues fell 8%, but profits were ahead of
expectations in a trading update for the first six months of
2009,
However, the IT integrator said
reductions to customer budgets meant product sales and
professional services sales were down.
"The trading environment remains very challenging and neither
Computacenter nor its customers are immune," said chief executive
Mike Norris.
"It is therefore no surprise that our product sales are down in
the period. However steps that we have taken to reduce our costs
and win new service contracts have meant that we are able to
deliver another strong profit performance."
Computacenter restructured and made a number of redundancies
resulting in a one off exceptional charge of circa £5m for the
year, but it said today it has "realised the majority" of planned
cost reductions in the UK.
This story
originally appeared on Microscope.co.uk