Computacenter PLC H1 2020 Trading Statement (6872T)
22 7월 2020 - 3:00PM
UK Regulatory
TIDMCCC
RNS Number : 6872T
Computacenter PLC
22 July 2020
Computacenter plc
Incorporated in England
Registration number: 03110569
LEI: 549300XSXUZ1I19DB105
ISIN: GB00BV9FP302
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSE OF
ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) No. 596/2014.
FOR IMMEDIATE RELEASE
Computacenter plc
Trading Update - 22(nd) July 2020
Computacenter plc ("Computacenter" or the "Group"), a leading
independent technology partner trusted by large corporate and
public sector organisations, today publishes a trading update,
based on unaudited financial information, for the period to 30 June
2020.
The Group's adjusted profit before tax in the first half of 2020
has turned out to be substantially ahead of the same period last
year.
Whilst most of our industrial clients have been quiet, elsewhere
there has been a surge in demand for IT equipment to enable home
working which has considerably helped our performance, but this is
only part of the story. Computacenter's customers have turned to
our Services offerings and the skills of our people at what has
been a challenging and demanding time for corporate IT functions.
This is testament to the strength of our customer base; the
relationships we have with those customers; and the value we
deliver to them.
A reforecast of the second half of the year has been reviewed by
the Board, which included the first confirmation that the Group's
expected adjusted profitability in the second half of the year
should be much improved on the forecast considered at the time of
our Q1 2020 Trading Update on 23 April. This reforecast has
provided better insight and improved clarity for the Board and,
coupled with the very pleasing first half result, indicates a
reduction in uncertainty in our markets for the second half of
2020. This allows the Board to provide meaningful guidance at this
time concerning the second half of the year, notwithstanding the
ongoing, and unpredictable, COVID-19 crisis.
Whilst for obvious reasons 2020 is a difficult year to predict,
given the performance of the first half, which is behind us, the
demand for our Services, the current Managed Services opportunity
pipeline and the strength of our customer base, the Board believe
that 2020, as a whole, will be a year of material progress for
Computacenter, following a record-breaking 2019.
Computacenter's Board acknowledge, as is the case every year,
that there is still a significant amount to do in the second half
of the year and we look forward to giving more detail at the
announcement of the Group's Interim Results on Wednesday 9
September 2020.
Enquiries:
Computacenter plc
Mike Norris, Chief +44 1707
Executive 631601
Tony Conophy, Finance +44 1707
Director 631515
Tulchan Communications
+44 20 7353
James Macey White 4200
Matt Low
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END
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