You are here

Prices & Quotes - UK Markets - Computacenter (CCC)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 2,696.00p
Change Today:
-60.00p
Market Cap:
3,307.67m
Sector:
Software & Computer Services

Computacenter lifts full year guidance as public sector sales rise

By Frank Prenesti

Date: Friday 22 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Computacenter on Friday lifted full-year profits guidance after trading continued strongly until the end of the year driven by sales to public sector and services-based customers.
In a trading statement, the company said it now expected adjusted profit before tax for the 12 months to December 31 would be more than 195m.

Group revenue grew by 8% boosted by acquisitions in the US and France last November.

Adjusted net funds, excluding lease liabilities, finished "extremely strongly" at around 188m strengthened still further as customers paid ahead of normal payment cycles, "partly, we suspect, where overseas customers looked to avoid sometimes negative interest rates", Computacenter said.

It added that spending by manufacturing and industrial sectors "slowed materially", while services revenues were broadly flat. Costs were cut as the company spent less on contractors and travel was reduced due to coronavirus restrictions which in turn lifted margins.

"The positive momentum we have seen in trading since the start of the pandemic shows no sign of abating, and our pipelines for both technology sourcing and services are as strong as at any time we have seen in the last year."

"While it is impossible to predict when or how our customers will react as the pandemic reduces its impact on our day to day lives, given the momentum we have in the business which is obviously further aided by our acquisition in the US, we are as confident as we can be at this stage that 2021 will be a year of progress for the group."

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Computacenter Market Data

Currency UK Pounds
Price 2,696.00p
Change Today -60.00p
52 Week High 3,030.00p
52 Week Low 2,086.00p
Volume 167,828
Shares Issued 122.69m
Market Cap 3,307.67m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
PEG
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Computacenter Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Sep-21 03-Jun-21
Paid 22-Oct-21 02-Jul-21
Amount 16.90p 38.40p

Trades for 21-Jan-2022

Time Volume / Share Price
16:36 6,500 @ 2,695.67p
16:35 28,183 @ 2,696.00p
16:29 47 @ 2,690.00p
16:29 1 @ 2,690.00p
16:29 12 @ 2,688.00p

Computacenter Key Personnel

CEO Michael J Norris