Computerland PLC made pre-tax profits up 26 per cent to £2.80m, according to preliminary results released by the IT managed services firm.

Turnover rose 13 per cent to £67m for the year ended April 2007, the figures showed.

But it wasn't all good news, with project services revenues remaining flat at £2.9m for the year.

Nottingham-based Computerland also saw the gross margin on product sales decline slightly, and blamed "market pressure and a higher proportion of sales to larger clients".

Chairman and CEO Graham Gilbert said: "During the course of the current year we will be increasing investment in sales and marketing to ensure that we maximise the growth potential of our service offerings."

The dividend paid to shareholders increased 25 per cent to 7.5p.

Trading is mixed, however, with shares down 2.72 per cent on the London Stock Exchange.

The full financial statement is here. ®

Related stories

• Capita buys way into ComputerLand (11 March 2008)
• Maxima shares slide on below-par expectations (29 January 2008)
• Computerland appoints brace of directors (16 January 2008)
• Computerland hires new exec (4 June 2007)
• Satisfaction guaranteed by ComputerLand (30 April 2007)
• A good year in Computerland (7 December 2006)
• Computerland still smug (31 October 2006)
• ComputerLand takes O2 managed services business (22 June 2006)
• Computerland pleased with itself (28 April 2006)
• It's springtime for Computerland (29 March 2006)
• Falling hardware sales hits ComputerLand UK (8 December 2005)
• ComputerLand UK director resigns (2 September 2005)
• Computerland UK upbeat (but cautious) (3 September 2001)
• Computerland UK issues profits warning (30 April 2001)