Horizon profits rise 20% to €4 million

IT distributor Horizon Technology posted a 20 per cent rise in pretax profits to €4 million for the first six months of the year…

IT distributor Horizon Technology posted a 20 per cent rise in pretax profits to €4 million for the first six months of the year.

Earlier cost cutting and streamlining of operations converted a 6 per cent increase in gross profit into a 20 pretax return.

The company entered into new partnerships with blue chip clients such as EMC, Veritas Software and Acer Corporation.

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