Computacenter was a £463m sales organisation when Mike Norris took the helm in 1994, with an operating profit of £8.5m. In 2011, turnover was £2.85bn and operating profit was £74m. Norris began his ascent through the ranks in 1986, when he was made the firm's top account manager. Two years later he was regional manager for …
Hmm, margins seem a bit thin
The opening line says "Computacenter was a £463m sales organisation when Mike Norris took the helm in 1994, with an operating profit of £8.5m. In 2011, turnover was £2.85bn and operating profit was £74m."
Or in other words, profits were around 1.8% in 1994, and 17 years later, profits are barely 2.5%.
Not exactly a flattering endorsement of the sector, although the increase in turnover does reflect well on their ability to scale.
"Computacenter" is a British company...
So why did they spell their own name wrong?
I always assumed they were yanks.
I am OK with the stylised shortening of the word computer, but a "center" would be something that "cents". As there is no verb "to cent" this is invalid and spelling it this way only creates unnecessary confusion.
- Breaking news: Google exec veep in terrifying SKY PLUNGE DRAMA
- Geek's Guide to Britain Kingston's aviation empire: From industry firsts to Airfix heroes
- Analysis Happy 2nd birthday, Windows 8 and Surface: Anatomy of a disaster
- Google CEO Larry Page gives Sundar Pichai keys to the kingdom
- Something for the Weekend, Sir? SKYPE has the HOTS for my NAKED WIFE