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.®

Related stories

Morse snaps up consultancy firm (13 September 2007)
Morse sees revenue slide (4 September 2007)
Morse will dash for AIM under new CEO (28 June 2007)
Morse splits to AIM high (8 June 2007)
Morse boardroom shuffle detailed (28 September 2006)
New guard take over at Morse (30 August 2006)
Morse withdraws from Germany (24 July 2006)
Morse loses finance head (15 June 2006)
Morse signs network processors (12 April 2006)
Morse continues services shift (2 March 2006)
Morse suffers poor first half (1 November 2005)
Morse flogs French business for €1 (and then some) (14 July 2005)
Morse: UK sales under pressure (20 January 2005)
Morse signals upturn in '04 (25 February 2004)