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 [...]
Filtronic and Computacenter shares jump as UK tech shrugs off tariff concerns Tech Investor appetite is shifting toward UK tech stocks as recent trade tensions, aggressive US tariffs, and mounting concerns over stretched valuations in American tech giants have upended the global investment landscape. With Trump’s sweeping tariffs triggering volatility across US markets, many investors are now looking to UK-listed firms for value, growth, and relative geopolitical stability. [...]
Computacenter: Tech group notes record performance in North American market Tech Leading independent technology and services provider Computacenter has reported a mixed set of full-year results for 2024 despite a record performance in North America in the second half. Revenue inched up 0.6 per cent to £7bn while adjusted profit before tax fell 8.6 per cent to £254m. The company said a strong performance at its [...]
Computacenter issues profit warning as troubles persist October 28, 2024 London-listed tech company Computacenter has slashed its full year guidance after prudent corporate spending and slow completion of orders damaged its third quarter performance. Although it expects to deliver a second half that is comfortably ahead of last year, Computacenter now expects its adjusted profit before tax for 2024 to be “modestly behind last year”, [...]
Computacenter’s profit drops nearly a third as UK customers take ‘greater caution’ September 9, 2024 London-based tech firm Computacenter has reported that its profit slumped by nearly a third in the first half of 2024 amid weaker than expect demand in its home market.
Computacenter: Profit down by a third on ‘weak demand’ for UK tech July 26, 2024 London-based tech company Computacenter announced a drop in profit before tax by a third for the first half of the year on weaker than expected demand in the UK industry. The £2.97bn firm, which helps businesses set up and manage their computer systems and software efficiently, expected its profit before tax for the half year ended 30 June [...]
Computacenter cautions on first half results amid ‘challenging’ UK market May 1, 2024 "Germany and North America delivered solid underlying performances while the UK remained challenging," Computacenter said on Wednesday.
Computacenter: Record year for London firm as large IT businesses splash out on tech March 20, 2024 Computacenter reported a seven per cent increase in revenue, reaching £6.9bn, while gross profit rose over 10 per cent to surpass £1bn.
Computacenter shares at a record after tech retailer rides working-from-home wave September 2, 2020 Shares in office technology retailer Computacenter surged more than 14 per cent today after a bullish statement on its most-recent trading. The rise in Computacenter shares, up 14.88 per cent to 2,316p per share, followed a surprise trading update which cemented the retailer as one of the few winners from lockdown. Even better for Computacenter [...]
Computacenter reveals profit is ‘well ahead’ of expectations December 10, 2019 Computacenter gave investors a pleasant surprise today by stating it is “well ahead” of forecasts for the current financial year. Profitability and earnings per share are on track to beat full year expectations, the IT supplier said, sending its share price up as much as seven per cent to 1,639p. Read more: Computacenter shares surge [...]