Computacenter PLC Trading Statement (1448I)
December 10 2020 - 2:00AM
UK Regulatory
TIDMCCC
RNS Number : 1448I
Computacenter PLC
10 December 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 - 10 December 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 11-month period to 30
November 2020 and the most recent forecast to the end of 2020.
The positive trading we have experienced in the second and third
quarters of the year has continued into the fourth quarter to date
and we have good visibility of our likely December sales. Given
this, the Board feels it is necessary to upgrade the outlook made
at the time of our Interim Results on 09 September 2020. It is now
the Board's opinion that our adjusted(1) profit before tax for the
year to 31 December 2020 is unlikely to be less than GBP190
million.
At this time customers are understandably polarising between
those negatively affected by the COVID-19 pandemic that are
naturally temporarily reducing, or delaying, their investment in
technology, and those that feel this is the appropriate time to
invest heavily in their digital transformation to prepare for the
future. We are very proud that so many customers have turned to
Computacenter and our services at these difficult times and we
would like to thank our employees for stepping up to our customers'
challenges.
Our next trading statement is scheduled for Friday 22 January
2021.
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
(1) Adjusted profit before tax is stated before: exceptional and
other adjusting items including gain or losses on business
acquisitions and disposals, and amortisation of acquired
intangibles, as Management do not consider these items when
reviewing the underlying performance of the Group. Further detail
on the impact of exceptional and other adjusted items when compared
to the non-Generally Accepted Accounting Practice financial
measures, in addition to those reported in accordance with IFRS, is
provided within our 2019 Annual Report and Accounts.
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END
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