Sharp drop in Reflex profits

Computer rental group Reflex has reported a sharp drop in profits in 1999, down to €289,000 (€227,443) from €527,000. Turnover was up 15 per cent to €4.2 million, boosted by the strength of sterling against the pound and euro. Chairman Tony Kilduff said Reflex would continue to focus on the computer rental business in the UK but would also look at investments in the information technology field.