European storage VAR Proact saw revenues and profits fall across all regions except the UK in H1 results
The VAR blames declining revenues and profits on longer sales cycles and ongoing chip shortages.
Proact is a Stockholm-based Dell, NetApp and Pure Storage partner and it says it suffered a three percent drop in group revenues for its six months ending 30 June to £147.97 million, while EBITA fell by 11 percent.
UK revenues bucked the trend and grew by 34 percent during the first six months of the year, while profits grew by 24 percent.