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Techmark movers: Profits fall at Computacenter

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Date: Thursday 28 Aug 2008

LONDON (ShareCast) - IT services provider Computacenter recovered from a weak start to the year but still saw interim profits dip, as the company’s investment programme remains in full swing.

Helped by the strength of the euro, group revenues rose 7.8%, or 1.4% on a constant currency basis, to £1.25bn in the first half of 2008 from £1.16bn a year earlier.

Pre-tax profit dipped 14.2% to £11m from £12.4m, due in part to a £0.4m increase in interest charges relating to the £20.8m spent on the company’s share repurchase scheme.

Electronic security systems developer Visonic saw profits increase four-fold to $4.3m on sales that rose 20% to $44.66m.

"This positive trend in sales has continued into the beginning of the second half of 2008 and we remain confident that the Company's technological expertise and market leading product range provide a sound platform for Visonic's continuing growth," said the group.



FTSE TechMARK - Risers
Skyepharma (SKP) 3.71p +16.67%
Visonic (VSC) 58.00p +9.43%
Oxford Biomedica (OXB) 11.25p +7.14%
Biocompatibles International (BII) 176.25p +5.54%
ServicePower (SVR) 5.50p +4.76%
Emblaze (BLZ) 33.00p +3.94%
Imagination Technologies (IMG) 73.00p +2.46%
Intec Telecom (ITL) 43.50p +1.75%
Thus Group (THUS) 180.00p +1.27%
Elan Corporation (ELA) € 9.40 +1.08%

FTSE TechMARK - Fallers
Renovo Group (RNVO) 28.00p -18.84%
Turbo Power Systems (TPS) 1.88p -16.67%
Parity Group (PTY) 27.50p -14.06%
Computacenter (CCC) 121.50p -10.00%
Alizyme (AZM) 7.00p -5.15%
Vernalis (VER) 4.45p -4.91%
RM Group (RM.) 169.00p -2.31%
Ark Therapeutics (AKT) 66.50p -2.21%
Corin Group (CRG) 137.00p -2.14%
Ricardo Group (RCDO) 294.25p -1.83%

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