Computacenter PLC’s (LON:CCC) first half profits dipped even though the IT hardware reseller’s sales rose by 21%.
UK sales and profits were weak although the FTSE 250 group expects the second half will be helped by an easier comparative period after provisions kast year for some 'difficult' Managed Services contracts.
Elsewhere, the picture was brighter with good performances in France and Germany though the performacne of recent acquisitions in the US has tailed off a little.
Going forward, Mike Norris, chief executive, said; “Whilst the performance of the first half of 2018 presented a very difficult challenge to beat, the opposite is true of the second half.
“The Board expects that the full year 2019 profit growth, in monetary value, will be the best in the company's history,” he said.
In the six months to June, sales rose 21% to £2.43bn while profits dipped to £50.8mln from £52mln.
The interim dividend rises 16% to 10.1p.