Computacenter PLC Q3 2021 Trading Update (6527Q)
October 29 2021 - 2:00AM
UK Regulatory
TIDMCCC
RNS Number : 6527Q
Computacenter PLC
29 October 2021
Computacenter plc
Incorporated in England
Registration number: 03110569
LEI: 549300XSXUZ1I19DB105
ISIN: GB00BV9FP302
FOR IMMEDIATE RELEASE
Computacenter plc
Q3 Trading Update - 29 October 2021
Computacenter plc, 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 2021.
The third quarter finished marginally above our expectations
which, combined with our most recent forecast for the fourth
quarter, means the Board is very comfortable with its current
expectations for the full year ending 31 December 2021 which are on
track to deliver record revenue, profits and earnings per
share.
We enter the fourth quarter with strong backlogs in both
Services and Technology Sourcing. The Technology Sourcing backlog
is at record levels driven by three factors - strong underlying
demand, vendor product supply constraints and customers placing
advance orders to mitigate the risk of product shortages.
The product supply shortages are not as severe as some market
predictions, but are affecting the timing of revenue bookings, and
increasing inventory levels, as we wait for components to complete
orders. Without these constraints our expected record performance
would be even stronger.
We look forward to publishing our Pre-Close Trading Update
announcement on Monday 24 January 2022.
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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