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Computacenter HY Profit Falls, Sees Additional Brexit Costs
Computacenter Says 2019 Results Will Be "Materially Ahead" Of Current Market Expectations
Computacenter Says Firmly On Track To Deliver On FY Forecast
Computacenter plc is a provider of information technology (IT) infrastructure services. The Company's segments include UK, Germany, France and Belgium. The Company advises organizations on IT strategy, implement technology and manages its customers' infrastructures. It provides user support, devices and secures provision of applications and data to support individual working styles. The Company's solutions include global solutions center, global service desk, next generation service desk, enterprise mobility, security solutions, physical infrastructure solutions, software solutions, supply chain services, software defined, datacenter, cloud services, unified communications and collaboration, networking services, contemporary workplace, advisory services and print solutions. It serves customers in public sector, retail, e-gaming and retail banking industries. The Company operates infrastructure operations centers and group service desks across Europe, South Africa and Asia.
Operations Centre, Hatfield Avenue
Independent Non-Executive Chairman of the Board
Mike J. Norris
Chief Executive Officer, Executive Director
Francis Anthony Conophy
Group Finance Director, Executive Director
Neil Philip Hall
Managing Director, UK & Ireland
Raymond John Gray
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* COMPUTACENTER WILL COVER COST OF TRANSACTION FROM ITS EXISTING CASH RESOURCES
British IT services company Computacenter Plc said on Wednesday it expects full-year adjusted pretax results to be marginally above its own expectations, helped by higher IT spending in Germany and the United Kingdom.
Computacenter Plc <CCC.L> lost one-fifth of its value on Wednesday, as dour market conditions across most geographies forced the British IT services firm to provide a tepid forecast for the current quarter.
British IT services provider Computacenter Plc's <CCC.L> profit rose 24.3 percent in the first half of the year, buoyed by demand for cybersecurity services and as more companies moved to the cloud.
British IT services provider Computacenter Plc's profit rose 24.3 percent in the first half of the year, helped by a 53 percent rise in profit from its German operations.
IT services firm Computacenter Plc expects full-year results to be "comfortably in excess" of its prior expectations, driven by continued momentum within its supply chain business across all geographies, particularly in Germany, it said on Thursday.
IT services firm Computacenter Plc expects full-year results to be "comfortably in excess" of its prior expectations, driven by continued momentum within its supply chain business across all geographies, particularly in Germany.
* GROUP REVENUE FOR Q1 HAS INCREASED BY 23 PER CENT AND BY 21 PER CENT IN CONSTANT CURRENCY.
* FY REVENUE 3,793.4 MILLION POUNDS VERSUS 3,245.4 MILLION POUNDS AS REPORTED YEAR-AGO
* PURCHASED 8.5 MILLION ORDINARY SHARES AT A PRICE OF 1170 PENCE PER ORDINARY SHARE ON 14 FEBRUARY 2018 Source text for Eikon: Further company coverage:
* PROPOSED RETURN OF VALUE TO SHAREHOLDERS OF UP TO £100 MILLION BY WAY OF A TENDER OFFER
IT services firm Computacenter Plc <CCC.L> said on Monday its 2017 adjusted pretax results were set to beat its expectations, driven by strength across Germany, the United Kingdom and France.
Computacenter Plc's 2017 adjusted pre-tax results are set to beat expectations driven by strength across Germany, the United Kingdom and France, the British IT services company said on Monday.
* ADJUSTED PRE-TAX RESULTS FOR YEAR ARE ANTICIPATED TO BE AHEAD OF BOARD'S EXPECTATIONS
* GROUP'S TRADING RESULT FOR 2017 FINANCIAL YEAR WILL NOW BE COMFORTABLY IN EXCESS OF ITS PREVIOUS EXPECTATIONS
* OVERALL REVENUE FOR Q3 WAS UP 27% TO £931 MILLION (2016: £735 MILLION) ON AN AS REPORTED BASIS
IT services provider Computacenter <CCC.L> said it would return 100 million pounds to shareholders in the fourth quarter, following a 15 percent rise in first-half revenue on favourable currency impact, strong growth in Germany and recovery in the United Kingdom.
British IT services provider Computacenter said its half-year adjusted revenue rose 15 percent, helped by favourable currency impact and strong growth in Germany.
* HY ADJUSTED REVENUE 1,700.3 MILLION POUNDS VERSUS 1,478.2 MILLION POUNDS A YEAR AGO
British IT services provider Computacenter <CCC.L> said its full-year adjusted revenue rose 6.3 percent, helped by a favourable currency impact and strong growth in Germany.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.