Channel Register®

Original URL: http://www.channelregister.co.uk/2006/01/10/computacenter_pre-close_trading/

The Computacenter update that isn't

Auditors reviewing the situation

By Team Register

Posted in IT Channel, 10th January 2006 07:02 GMT

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Computacenter yesterday issued a statement explaining why it is not issuing a pre-close trading statement, as is its usual custom ahead of entering its close period following the year end.

The reseller giant notes that it has been subject to an offer (from its founders and senior managers) since 18 November and "as a result, its ability to make such an update statement is constrained by a requirement to have the company's auditors examine and report".

The company now expects to "provide an estimate of 2005 profits as soon as the auditors have completed their review, later in January 2006, together with an update on the progress of the offer discussions". ®