Computacenter lifts guidance as strong H2 drives up revenues

(Sharecast News) - Technology and services provider Computacenter said on Thursday that it had delivered a stronger‑than‑expected second half performance, with fourth‑quarter trading pushing full‑year performance ahead of prior expectations.

Computacenter said FY revenue, measured on a gross invoiced income basis, rose 32% in constant currency and 31% on a reported basis, with technology sourcing income up 38% and services revenue growing 3%. Within services, Computacenter said strong growth in professional services revenue was partly offset by "a modest decline" in managed services income.

The FTSE 250-listed group highlighted particularly strong execution in North America, where both enterprise and hyperscale customers supported consistent growth throughout the year, while it also delivered an improved performance in the UK, and Germany saw a stronger second half as public‑sector activity recovered, resulting in a full‑year outcome broadly in line with last year in constant currency. Market conditions in France, on the other hand, were said to have remained challenging, with performance since early Q2 described as "disappointing".

"For the full year in 2025, also taking into account our ongoing group-wide strategic investments and lower interest income receipts following the share buyback, we now expect adjusted profit before tax for 2025 to be no less than £270m, comfortably ahead of market expectations," said Computacenter.

Reporting by Iain Gilbert at Sharecast.com