Synergy Plus (ASX:NSR) has reported an increase in revenue of 3 percent for the first half of the financial year, compared to the previous corresponding period.
Revenue for the integrator was $76.8 million in the half year ending 31 December 2009, compared to $74.5 million in 2008.
According to chairman DV Martino's statement to the ASX, the increase includes contributions from the Leading Solutions acquisition in November and reflects an increase in enterprise level data centre solutions supplied to customers during the period.
It also reflects a 23.1 percent increase in services revenue.
Earnings before interest and tax was $2.83 million compared to $0.10 million in the previous corresponding period.
Profit was also up from $1.1 million to $1.6 million, close to profit expectations.
However, Synergy Plus's expenses increased to $15.6 million during the first half compared to $14.4 million for the previous corresponding period.
Expenses included a number of non recurring expenses relating to the Leading Solutions acquisition ($180,000), the aborted S Central acquisition $184,000, and a relocation of the Perth and Sydney offices ($200,000).
Synergy Plus aborted its proposed sales of S Central in September.
The group restructured its management team and rebranded its name from ComputerCorp to Synergy Plus in November 2009.
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