The Channel logo

News

By | Team Register 18th May 2006 13:33

Morse stumbles in Germany and Austria

The tills aren't alive

Morse’s problematic German and Austrian operations are likely to leave a £1m sized hole in the resellers’ full year results.

The firm had previously said that the performance of the operations had “slowed”. Today, it said the German and Austrian outfits had “experienced a more marked weighting than usual in revenue profile towards the end of the fourth quarter with an adverse effect on deliveries and hence booked revenues.”

More explicitly, April was below expectations, and while the German speaking offices have achieved a “reasonable” pipeline, it is unlikely this will all be covered by the end of this financial year.

Management said the German and Austrian operations had “less-well established service components” compared to the rest of Morse, and “we continue to be satisfied with the progress of the rest of the group.®

alert Send corrections

Opinion

Photo of HP Enterprise office
Apple Mac Mini late 2014

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears

Features

Venomous snake
Potential deleterious effects more like a snakebite* than a snake bite
Windows Server
Hacked US CENTCOM Twitter account
Roll up, roll up, get your exclusive market insights