The Channel logo

News

By | Team Register 18th July 2008 09:45

Weaker sterling knocks back DCC

Profits up at tech distribution arm

DCC, the Irish conglomerate, today said its IT distribution arm, DCC Sercom, achieved underlying double digit operating profit growth. But it warns that weaker sterling could feed through to worse group profits in the second half of the year - the company reports in euros.

DCC Sercom either traded ahead of or in line with budget - DCC has lumped the business with other divisions in comments in an interim management statement. DCC Sercom's businesses include Micro P and Gem Distribution in the UK and Sharptext in Ireland. ®

alert Send corrections

Opinion

frustration_anger_irritation_annoyance pain

Felipe Costa

Pressure to perform for stock market bearing down on disties
Columns of coins in the cloud

Michael Cote

Anything that simple to use has got to be complex to set up
Internet of Things

Gavin Clarke

This time, Larry's Oracle is going after the networking giants

Features

No email? No CRM? No Daily Mail iPad edition? You need a plan
Sinofsky's hybrid strategy looks dafter than ever
Failure to crack next-gen semiconductors threatens to set back humanity
SMEs get lip service - what they need is dinner at the Club