Computacenter PLC Q3 2022 Trading Update (4139E)
28 10월 2022 - 3:00PM
UK Regulatory
TIDMCCC
RNS Number : 4139E
Computacenter PLC
28 October 2022
Computacenter plc
Incorporated in England
Registration number: 03110569
LEI: 549300XSXUZ1I19DB105
ISIN: GB00BV9FP302
FOR IMMEDIATE RELEASE
Computacenter plc
Q3 Trading Update - 28 October 2022
Computacenter plc ("Computacenter", the "Company" 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
third quarter to 30 September 2022 ("the quarter").
Overview
After two exceptional years Computacenter believes that 2022
will be a year of modest adjusted profit before tax growth. This
will be achieved despite the substantial headwind of the unwinding
of the Covid-19 cost and utilisation benefits we received in 2020
and 2021. We are benefiting from currency movements and the
positive, but limited, contribution from our in-year acquisitions,
but these are much smaller than the Covid headwinds.
In the quarter all Segments saw strong performance in Technology
Sourcing. The US acquisition we made in July 2022 has performed
well. Our Services businesses were more challenged due to the
post-Covid-19 effects mentioned above and ongoing cost and
inflationary pressures, but some recent contract wins, which have
not yet contributed, give us confidence.
The supply chain challenges mean that our inventories remain
much higher than last year for the reasons we have explained
previously. We expect the supply constraints and the inventory
levels to unwind as the year progresses but will not be
substantially resolved until well into next year.
Group Outlook
As we look ahead into 2023, we look forward to another year of
growth. The Company continues to invest heavily in its future,
particularly in its IT roadmap and, understandably, cyber security.
These investments, as they increase, will continue to hold back
short-term profitability, but we believe they are essential to
secure our long-term success. This commitment to invest for the
long-term gives us confidence for the future.
We look forward to publishing our Pre-Close Trading Update
announcement on Monday 30 January 2023.
Enquiries:
Computacenter plc
Mike Norris, Chief +44 (0) 1707
Executive 631 601
Tony Conophy, Finance +44 (0) 1707
Director 631 515
Tulchan Communications
James Macey White / +44 (0) 2073
Matt Low 534 200
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END
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