Computacenter’s profit drops nearly a third as UK customers take ‘greater caution’ Tech 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 Business 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 Tech "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 [...]
Computacenter shares jump on strong 2019 outlook March 12, 2019 Shares in Computacenter jumped nearly five per cent today, despite the FTSE 250 company reporting a slight drop in profit in its annual results. The company said profit fell 3.2 per cent to £108.1m, despite a nearly 15 per cent increase in revenue to £4.4bn. It increased its dividend 16 per cent to 30.3p per [...]
Computacenter shares crash 20 per cent as it loses out on IT infrastructure sales October 31, 2018 Computacenter shares plummeted almost 20 per cent in early morning trading after it told investors that revenue has fallen three per cent in the face of “significantly more challenging” conditions. The FTSE 250 IT firm warned that third quarter revenues have fallen to £900m from £931m in the same period in 2017, while UK revenues [...]
Computacenter sees 2014 results in line but hard to predict 2015 January 21, 2015 IT services firm Computacenter said yesterday that its results for 2014 were expected to be in-line with its previous expectations, despite the strength of sterling against the euro. Computacenter said that, while it was encouraged by the continued momentum it had built up in the UK and its positive end of the year in Germany, [...]