Computacenter sees FY 'slightly ahead' of expectations

Computacenter said annual results would be slightly ahead of expectations after a record fourth quarter.

The company on Monday said total revenue for the year to December 31, on a gross invoiced income basis, rose by more than 30%.

“We saw strong demand in all countries from technology sourcing product sales which remained extremely buoyant to the end of the year. Our services revenue performance was strong, whilst our services margin performance was impacted by the unwinding of Covid-related benefits during the year, and inflationary pressures which we expect to continue into 2023,” Computacenter said.

“Covid-19 factors have now washed through our results and will not impact comparative numbers moving forward.”

Reporting by Frank Prenesti for Sharecast.com