Computacenter Confident In Current Expectations As Trading Is "Good"

(Alliance News) - Computacenter PLC said Wednesday it is confident in current expectations as trading in the third quarter "has been good".

The computer services provider said for the period to September 30, both revenue and profit remains "well ahead" of its performance a year ago on a like-for-like basis.

"Following the challenging first-half comparison, the group has, as expected, comfortably beaten its prior year third quarter comparative with the positive momentum seen in the first six months of the year continuing throughout the quarter," the company said.

In the UK, Computacenter reported "pleasing revenue growth" within Technology Sourcing, with Germany and France performing strongly. Meanwhile in the US the company "saw a strong return to both revenue and profitability growth".

Computacenter said: "Well publicised challenging economic conditions are affecting some of our customers however, to-date, this has been more than compensated by the drive to digitalise across the entire marketplace."

"While the fourth quarter is always the most critical to the year's performance, the board's confidence with its current expectations continues to strengthen as we progress through the year," the company noted.

Computacenter shares were up 5.3% in London at 1,328.00 pence each on Wednesday morning.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

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