News of Computacenter's HI results prompted a slight rise in share price with 'one-off gains' catalysing a jump in interim pre-tax profit. For the six months ended 30th June adjusted pre-tax profit rose 13.7% from the same period last year to £29.1m, lifted by the £42.2m sale of its RDC recycling business in February.
Revenue slipped to £1.44bn from £1.46bn on the back of a weak euro, said the firm.
Chief Executive Mike Norris commented: "Despite the significant headwinds created by a weak euro the operating performance of the group remains in line with the board's original expectations for 2015.
"However, the group has benefited from a number of one-off gains that will not be repeated in either the second half of the year or during 2016."
Computacenter's Chairman Greg Lock added: "Our business in the UK has benefited from the start of a number of significant managed services contracts won in 2014.
"In Germany we have seen good growth in the opportunities for managed services, and in France we have seen improvements in our operations as a result of our group-wide model being implemented there.
"Proceeds from the disposal of our recycling unit RDC, together with our healthy operational cashflow, allowed us to return approximately £98m to our shareholders only 18 months after our previous return of £75m.
"Our past performance counts for little if we do not keep winning the confidence and business of our customers."