The Channel logo

News

By | Team Register 5th May 2006 08:39

Computacenter returns £75m to shareholders

Steady as she goes

Computacenter today confirmed that it is returning £75m to shareholders this quarter. The reseller giant had already announced its intention to do this, but added the caveat that this was subject to the resolution of various tax matters. These have now be resolved satisfactorily.

Computacenter also provided the City with a trading update, proclaiming a "satisfactory overall first quarter result", with a sales bounceback in March.

On 14 March, the company had noted that sales for the first two months of 2006 were down compared with the same time last year. But it also "drew attention to the fact that in recent years, our sales have become increasingly weighted towards the end of each quarter, such that trading in the early weeks of the quarter now provides a less reliable indicator of performance for the period as a whole". ®

alert Send corrections

Opinion

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
Sleep Cycle iOS app screenshot

Trevor Pott

Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap
Steve Bennet, ex-Symantec CEO

Chris Mellor

Enormo security firm needs to get serious about acquisitions

Features

Windows 8.1 Update  Storeapps Taskbar
Chinese Buffet self-service
Chopping down the phone tree to scrump low-hanging fruit
An original member of the System/360 family announced in 1964, the Model 50 was the most powerful unit in the medium price range.
Big Blue's big $5bn bet adjusted, modified, reduced, back for more
Microsoft CEO Satya Nadella
Redmond needs to discover the mathematics of trust