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Systems Integrators in Europe – The Top 700
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wInnErS loSErS

1
Horizon Technology +107%
1
Lintec Info Tech -72%
Still no formal news on the bidder. The market is now saying it’s Tech
LINTEC information Technologies AG finally lost the plot - it didn’t
Data, known to be active, having last month had a €15m bid for Swedish
have any money left and so has asked a court to liquidate some of its
company Scribona accepted. But it might yet be a play-off hence the
businesses. After fighting poor margins and making losses for a while, it
rise. One other possible bidder is Avnet. Previous speculation on a
had tried to find a buyer for chiliGREEN computers GmbH, Austria as
possible bidder has centred on two British companies, Computacenter
well as HSC GmbH, Leipzig, but couldn’t. These remain as functioning
and Specialist Computer Holdings, and on Arrow Electronics. So you can
parts of the former group. See our front page for more.
take your choice.
www.horizontechnology.com
www.lintec.de
2
Optimus Technologie +57%
2
Business et Decision -38%
After its sale by previous owner Roman Kluska, Optimus underwent a Although Business & Decision recorded a turnover of €202m in the last
structural change in which its internet-related activities were taken over quarter of 2007, up 43% compared to the previous year, 24% organic, it
by Grupa Onet.pl and its technology-related business was moved to Op- had some issues. Top was slower-than-expected integration of Inforte
timus. Optimus supplies 30% of the personal computers sold in Poland
as well as other poor investments. Operating profit increased by 25%
and has begun filling orders from Ukraine.
to €16.5m compared to 2006. The one point decrease of the operating
margin of the group was due to the “short term dilutive impact of the
www.optimus.pl
acquisition of Inforte” and other major investments in 2007.
www.businessdecision.com
3
TietoEnator +47%
3
Cenit AG -18%
As we report in our financial news, the board is taking the bid
Cenit has had some problems with software and IBM products sales
offer seriously and has changed its reporting date to ensure that
delays, so reported lower sales for 2007. But it is optimistic, and
shareholders have time to digest its story. They need to convince the
preparing a dividend of 50 cents per share to shareholders and to retain
market that it has made progress and can continue to build on its new
€1.7m as reserves. This equals a current dividend yield of over 7%.
programme of cost cutting and growth, which in a competitive Nordic
2007 was characterised by decisive course-setting, with important
region is not easy.
investments toward growing internationalisation and recruitment
www.tietoenator.com
of first-rate staff, as well as expansion of the software business, it says.
www.cenit.de
18 apr 2008 31
It0807 - 26-31_financials.indd 31 16/04/2008 11:01:01
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