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Tuesday 14 November 2017

Computacenter to finish the full-year with a flourish

cccIn an incredibly short – but incredibly sweet – trading update today, Computacenter has said its performance in FY17 will now come in “comfortably in excess of its previous expectations”.

Last month, we wrote about the company’s Q3 performance, which showed it was continuing its strong bounce-back from last year’s rather challenging period. In the UK, total Q3 revenue was up 8% to £335m, with Services specifically growing 7%. That was lower than the Group rate but shows the UK business continues to improve (in H1 Services grew 5.4%).

It’s also happy times for shareholders as Computacenter intends to make a one-off return in Q4 of c£100m. Indeed, shares were up over 7% this morning at time of writing.

Posted by Kate Hanaghan at '09:25' - Tagged: tradingupdate   infrastructureservices   growth   enduserservices  

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