Re Recent Contract Wins (1301U)
December 16 2011 - 4:34AM
UK Regulatory
TIDMCCC
RNS Number : 1301U
Computacenter PLC
16 December 2011
Computacenter plc
Update on Managed Services Contract Wins
16 December, 2011
At the time of our Interim Results announcement on 30 August
2011 and again, at our Interim Management Statement on 14 October
2011, we referred to a substantial new business pipeline for our
Managed Services business, predominantly in the UK. We are pleased
to announce that the majority of these prospects have now reached a
satisfactory conclusion. When fully operational, these Managed
Services contracts will deliver cumulative revenue of approximately
GBP60 million per annum and may lead to additional revenues from
services projects and product pull through. The contractual revenue
will grow from now, reaching the full run rate by the second half
of 2012, with the majority of these contracts lasting for five
years, when fully operational.
There are six material Managed Services contracts that we have
won across a number of industry sectors, including both domestic
and multinational customers. These contracts include a desktop
outsource with a large UK retailer, a desktop outsource with a
major international bank in the UK, a global client support
contract, including helpdesk, with a leading pharmaceutical
company, another global client support contract with a global
manufacturer with a head office in the UK, a pan European desk-side
services contract with a global industrial company and a
comprehensive infrastructure outsource with a UK mutual
insurer.
These Managed Services contract wins, together with others
secured in France and Germany, clearly demonstrate Computacenter's
ability to deliver cost effective and robust outsourced solutions
for customers and help to underpin the Board's expectations for
2012 and beyond. The wins announced today however, will make little
contribution to 2011. While much remains to be done in the critical
last weeks of the year, the business remains on track for the
Board's 2011 expectations.
Our next scheduled trading update will be the pre-close
briefing, scheduled for 12 January, 2012.
Enquiries
Computacenter plc
Mike Norris, Chief Executive 01707 631601
Tony Conophy, Finance Director 01707 631515
Tessa Freeman, PR Manager 01707 631514
Tulchan Communications 020 7353 4200
Christian Cowley
James Macey White
This information is provided by RNS
The company news service from the London Stock Exchange
END
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