The Channel logo

News

By | John Oates 15th May 2006 09:11

DCC results coming up rosy

Recovers from rubbish first half

Irish distie DCC saw overall profits rise in the year to March despite a difficult first half for its computer distribution arm SerCom.

DCC brought in revenues of €3.4bn and a profit of €142m for the year ended 31 March 2006.

The computer division - DCC SerCom - bounced back from a bad first half of the year, but still saw revenues fall 4.9 per cent. The second half saw SerCom increase profits by 22 per cent to €17.4m, compared to just €7.6m in the first half of the year - a 37 per cent fall on the same period a year ago.

DCC SerCom was hit by price deflation, a falling UK retail market and significant decline of European enterprise demand. The second half benefited from the increased focus on consumer digital products, the launch of the Xbox 360, and the acquistions of DVD distie Pilton Company and AB Computing.

The division brought in revenues of €1.1bn and made a profit of €25m.

Directors are recommending a dividend of 42.85 cents per share, up 15 per cent on last year. ®

More details from DCC here.

alert Send corrections

Opinion

Lightning

Jack Clark

Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Microsoft CEO Satya Nadella
ARA_LIbertad

Chris Mellor

Elliott Management sinks its teeth into retiring godhead

Features

Failure to crack next-gen semiconductors threatens to set back humanity
SMEs get lip service - what they need is dinner at the Club
SAP Match Insights
Vorsprung durch grossendatatechnik, as we like to say in Germany
Inside the Google Lab where surgeons prepare the human/dog experiment
Big Blue exec tells El Reg what to keep an eye on