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By | John Oates 6th December 2007 10:44

ComputerLand turns green into greenbacks

Grows revs by cutting carbon

Services and hardware company ComputerLand grew revenues by ten per cent for the six months ended 31 October 2007.

The interim results show revenues were £33.9m, up from £30.8m last year. Profit before tax was up two per cent to £1.45m and earnings per share grew three per cent to 9.9p. Profit after tax was £819,000 down from £849,000 for the same six months of 2006. The interim dividend is 2.7p, up from 2.5p a year ago.

ComputerLand chairman Graham Gilbert said he was pleased to see service revenue grow 13 per cent and that the company had taken action to improve performance in its computer maintenance business. Gilbert said customers were looking to reduce their carbon footprints by consolidating servers.

Trading in November has been in line with expectations and the company expects "a satisfactory outcome for the year".

The results are available as a pdf from here. ®

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