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RNS Number : 7423B Computacenter PLC 24 April 2026
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET
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DOMAIN.
Computacenter plc
Q1 Trading Update - 24 April 2026
Computacenter plc ('Computacenter', the 'Company' or the 'Group'), a leading
independent technology and services provider, today publishes a trading
update, based on unaudited financial information, for the first quarter to 31
March 2026 ('the quarter').
Overview
The Group delivered a strong performance during the first quarter, which was
significantly ahead of the prior year and well above our expectations. Group
Technology Sourcing revenue increased particularly strongly, primarily driven
by hyperscale customers in both North America and the UK. Group Services
revenue was also ahead of last year reflecting strong organic growth in
Professional Services, also driven by North America, offsetting a decline in
Managed Services revenue.
By region, North America continued its strong momentum and delivered an
excellent first quarter, reflecting the record product order backlog position
at the end of 2025 and stronger than expected hyperscale customer volume
growth, benefiting both Technology Sourcing and Professional Services. The UK
also achieved excellent growth in Technology Sourcing, including AI-related
project completions and further strong growth in Professional Services.
Germany delivered a solid performance against last year reflecting good growth
in Technology Sourcing with Professional Services remaining subdued so far
this year. Western Europe(1) delivered a small improvement over the prior
year.
Group outlook
At the end of the quarter our committed product order backlog across all
regions remained strong, reflecting good order intake during the quarter, with
some customers ordering IT product further in advance than usual to secure
supply, given hardware component shortages currently affecting the IT
industry.
Looking to 2026, we now expect to deliver a much stronger performance in the
first half of the year than previously anticipated. For the full year, we
remain mindful of the uncertain macroeconomic and geopolitical environment and
a tougher comparative in the second half of the year. However, after a strong
start to the year and assuming no significant deterioration to the external
backdrop, we now anticipate delivering full-year results comfortably ahead of
market expectations(2).
Looking further ahead, the combination of the strength of our integrated
Technology Sourcing and Services model and our geographic diversity, gives us
continued confidence in our long-term growth prospects.
Our next scheduled trading update is the announcement of our Half Year Results
on 8 September 2026.
Footnotes:
(1) Western Europe consists of France, Belgium, the Netherlands and
Switzerland.
(2) Company compiled analyst consensus for FY 2026 adjusted profit before tax
is £291.3m with a range of £284.5m to £297.1m.
Enquiries:
Computacenter plc
Mike Norris, CEO +44 (0) 1707 631 601
Keith Mortimer, CFO +44 (0) 1707 639 888
Christian Cowley, Investor Relations +44 (0) 1707 631 132
Teneo
James Macey White / Matt Low +44 (0) 207 353 4200
Notes:
About Computacenter:
Computacenter is a leading independent technology and services provider,
trusted by large corporate and public sector organisations. We are a
responsible business that believes in sustainable long-term value creation. We
help our customers to Source, Transform and Manage their technology
infrastructure to deliver digital transformation, enabling people and their
business. Computacenter plc is a public company quoted on the London Stock
Exchange (CCC.L) and a member of the FTSE 250. Computacenter employs over
21,000 people worldwide.
DISCLAIMER - FORWARD LOOKING STATEMENTS
This announcement includes statements that are, or may be deemed to be,
'forward-looking statements'. These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
'anticipates', 'believes', 'estimates', 'expects', 'intends', 'may', 'plans',
'projects', 'should' or 'will', or, in each case, their negative or other
variations or comparable terminology, or by discussions of strategy, plans,
objectives, goals, future events or intentions. These forward-looking
statements include all matters that are not historical facts. They appear in a
number of places throughout this announcement and include, but are not limited
to, statements regarding the Group's intentions, beliefs or current
expectations concerning, amongst other things, results of operations,
prospects, growth, strategies and expectations of its respective businesses.
By their nature, forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances. Forward-looking
statements are not guarantees of future performance and the actual results of
the Group's operations and the development of the markets and the industry in
which they operate or are likely to operate and their respective operations
may differ materially from those described in, or suggested by, the
forward-looking statements contained in this announcement. In addition, even
if the results of operations and the development of the markets and the
industry in which the Group operates are consistent with the forward-looking
statements contained in this announcement, those results or developments may
not be indicative of results or developments in subsequent periods. A number
of factors could cause results and developments to differ materially from
those expressed or implied by the forward-looking statements, including,
without limitation, those risks in the risk factor section of the
Computacenter plc 2025 Annual Report and Accounts, as well as general economic
and business conditions, industry trends, competition, changes in regulation,
currency fluctuations or advancements in research and development.
Forward-looking statements speak only as of the date of this announcement and
may, and often do, differ materially from actual results. Any forward-looking
statements in this announcement reflect the Group's current view with respect
to future events and are subject to risks relating to future events and other
risks, uncertainties and assumptions relating to the Group's operations,
results of operations and growth strategy.
Neither Computacenter plc nor any of its subsidiaries undertakes any
obligation to update the forward-looking statements to reflect actual results
or any change in events, conditions or assumptions or other factors unless
otherwise required by applicable law or regulation.
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