CPU Computers Plc, the West German and Woking-based peripherals distributor, in which the French company SCOA SA has a majority stake, has reported a pre-tax profit of UKP1.2m on a turnover of UKP38m for the six months to June 30. This compares with a profit of UKP606,000 on UKP28.5m for the same period last year, when reorganisation costs plus interest and tax reduced that to UKP329,000. However, profit after tax for the last six months has been cut to UKP228,000, and the company attributes this to high European interest charges of UKP736,000, up from UKP160,000 in 1989. In the UK, CPU Peripherals increased sales to UKP15.2m from UKP13.2m last year, and the company describes profit levels as satisfactory. In Germany, Synelec GmbH has profited from the buoyant German market with sales up 40% to UKP17.5m. The Austrian Synelec operation is said to be expanding in line with expectations. Because of interest and tax, earnings per share have fallen 44% to 1.32 pence.
