Industry News

Own brand boosts distributor margins

ASBIS Group's Q3 2013 showed record sales of own brands resulting in increased gross profit margins and better profitability at all levels.

Benelux public sector IT decline in Ordina results

Ordina's recurring earnings (EBITDA) margin rose to 4.5% (Q3 2012: 2.8%) as cost-cutting continued. Turnover fell 2.7% to €92.8m. Corrected for the impact of the extra working day and the loss of the offshore component from the Rabobank contract, turnover was up 1.9%, it says.

Lancope names new channel boss

Lancope, network and security intelligence specialist, has appointed Dan Sibille as its new Vice President of Channels.

Alcatel-Lucent encouraged by Q3

Alcatel-Lucent's Q3 net loss narrowed to €200m from €316m a year earlier and came in better than analyst expectations of €274m.

Market ready for near-field apps

The initial near-field communications (NFC) mass-market applications are likely to build on existing communications infrastructure and user behaviour, says a new study.

Irish HQ for compliance biz

EtQ, a Quality, Compliance, and Environmental Health and Safety Management Software company is putting its EMEA Headquarters in Limerick, Ireland, creating 30 new jobs.

Addnode Group buys Finnish cad expert

The acquisition of CAD-Expert Oy’s operations strengthens the business of Addnode Groups subsidiary Cad-Q in the Finnish market. CAD-Expert Oy develops and supplies software for computer-aided design and related consulting and training services.

Proact buys Estonian business

Proact IT Group AB has bought a business line from Elion Ettevõtted AS which specialises in IT infrastructure solutions from Oracle, Hitachi Data systems, Quantum and Symantec.

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