Raspberry Pi shares surge as profit triples on hot demand Tech Raspberry Pi shares jumped as much as 17 per cent on Thursday morning after the British computer maker reported record first-half results. The Cambridge-based computer maker posted pre-tax profit of $19.6m (£14.5m), up from $6.2m a year earlier, while revenue jumped 90 per cent to a record $256.9m. Shares were trading around 15 per cent [...]
Computacenter shares jump as FTSE 250 firm lifts profit forecast Markets Shares in Computacenter jumped on Friday as the firm upgraded its profit forecast after cheering a surge in customer demand. The FTSE 250 IT supplier said it now expects to “deliver a much stronger performance” with 2026 pre-tax profit set to come in well ahead of market expectations of £291m. The Hertfordshire-based business said customers [...]
Raspberry Pi: What happened to the UK’s former tech darling? Tech Shares in Raspberry Pi tumbled in London on Tuesday after the low-cost computer maker revealed a sharp drop in half-year profits, leaving investors questioning whether one of the UK’s most high-profile tech IPOs can live up to expectations. The Cambridge-based firm, which floated in June 2024 in one of the London Stock Exchange’s most celebrated [...]
HPE: Hewlett-Packard Enterprise’s UK profit quadruples despite sales slump July 23, 2025 Profit at the UK arm of Hewlett-Packard Enterprise (HPE) almost quadrupled during its latest financial year despite its sales being slashed by nearly £150m. The division of the US tech giant has posted a pre-tax profit of £97.6m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The [...]
Lenovo UK sales near £1bn amid Huawei retreat January 2, 2025 Sales at the UK arm of Chinese technology giant Lenovo jumped closer to the £1bn mark during its latest financial year. The division has reported a turnover of £982.8m for the 12 months to 31 March, 2024, up from the £969.3m it generated in the prior year. Newly-filed accounts with Companies House also show that [...]
Raspberry Pi shows London’s public markets are still sweet September 24, 2024 Investors woke up to a sweet surprise from Raspberry Pi on Tuesday, as the computer maker’s first post-IPO report topped expectations. The British tech darling posted a 47 per cent rise in gross profit and a 56 per cent growth in adjusted earnings (EBITDA) for the first half of the year, driven by the sale [...]