Are you a client?
Sign in to view the full news archive.
Computacenter has provided the market with an update this morning on its “good performance” in the first quarter for 2025, outperforming the same period last year and meeting its own internal expectations. The tech services provider highlights strong growth in Technology Sourcing revenue, primarily driven by its North American operations, capitalising on a healthy order backlog from late 2024. Shares were up this morning 2.5% at the time of writing.
Regional performance showed varied results with North America maintaining strong momentum, while the UK achieved growth across both Technology Sourcing and Professional Services. Germany performed adequately despite the anticipated temporary slowdown in public sector activity following recent elections.
Group Services revenue increased year-on-year, bolstered by good Professional Services growth that offset a slight decline in Managed Services. The company enters Q2 with a healthy committed product order backlog across all regions, exceeding prior year levels.
Despite increasing global political and macroeconomic uncertainties, Computacenter remains confident in its outlook, looking to make progress for the full year (in constant currency terms) and gain market share.
Half Year Results are out on 9th September when we will report more. In the meantime TechSectorViews subscribers interested in learning more about Computacenter should download a copy of our brand new report “Computacenter: Building long term value”, written by Kate Hanaghan our Chief Research Officer.
Posted by: Marc Hardwick at 09:00
Tags:
VAR
trading update