Big annual sales rise at Computacenter across Europe
Computacenter has posted a pre-close trading update for the year ended 31 December, with adjusted pre-tax results “anticipated to be ahead of the board's expectations” contained in a previous November trading update.
It added that group revenue for the year increased by £408m or 12% in constant currency, and by £548m or 17% on an as reported basis.
Group Services revenue increased by 7% in constant currency and by 11% on an as reported basis. Group Supply Chain revenue increased by 14% in constant currency and by 19% on an as reported basis.
UK sales increased by 9% for the year, with Services revenue increasing by 6% and Supply Chain revenue increasing by 10%. The fourth quarter was particularly strong with Services revenue up 9%, Supply Chain up 18%, with overall revenue growth of 16% - “the best fourth quarter growth we have seen in the UK for a number of years”, said Computacenter.
German revenue increased by 15% for the year overall, with Services revenue increasing by 7% and Supply Chain revenue increasing by 19%, all in constant currency. French revenue increased by 13% for the year overall, with Services revenue increasing by 15% and Supply Chain revenue increasing by 12%, again, all in constant currency.
“2017 was clearly a year of great progress for the group as customers continue to invest in new IT infrastructure, including digitalisation, to enhance their businesses and deliver enhanced user and customer experiences,” said the firm. “We believe the positive momentum in the market is set to continue.”
Final results for the year will be posted by Computacenter on 13 March 2018.