Computacenter plc

Q3 Trading Update - 30 October 2025

Computacenter plc ('Computacenter', the 'Company' or the 'Group'), a leading independent technology and services provider, today publishes a trading update, based on unaudited financial information, for the third quarter to 30 September 2025 ('the quarter').

Overview

We continued to execute well in Q3 delivering a strong performance against last year. As a result, for the nine months to date, we are comfortably ahead of last year. We maintained strong momentum in North America driven by continued volume growth with both enterprise and hyperscale customers, while the UK delivered further improvement. After a more subdued first half, Germany returned to growth during the period with indications, towards the end of September, of the expected recovery in public sector activity in the fourth quarter. As anticipated, trading in France remained challenging largely reflecting significant political and economic uncertainty.           

During the quarter, Technology Sourcing revenue increased strongly driven primarily by North America and the UK. Services revenue grew solidly driven by strong growth in Professional Services, especially in the UK and North America, partly offset by a modest decline in Managed Services.

We maintain a strong balance sheet with positive adjusted net funds enabling us to continue at pace with our Group-wide investment in new systems and to pursue targeted acquisition opportunities.

Group outlook

Looking to the full year, as usual Q4 is our largest quarter of the year and we remain mindful of the ongoing uncertain geopolitical and macroeconomic backdrop. While we also face a tough comparative following a strong finish to 2024, we are encouraged both by our progress year to date and our committed product order backlog, which remains healthy in all geographies. The current backlog is ahead of both the position a year ago and at the end of the first half. As a result, we continue to expect full year adjusted operating profit in FY 2025 to be ahead of the prior year.

Looking further ahead, the combination of the strength of our integrated Technology Sourcing and Services model and our geographic diversity, gives us continued confidence in our long-term growth prospects.

Our next scheduled trading update will be our Pre-close Trading Update on 28 January 2025.

Enquiries:

About Computacenter:

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations. We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business. Computacenter plc is a public company quoted on the London Stock Exchange (CCC.L) and a member of FTSE 250. Computacenter employs over 20,000 people worldwide.

DISCLAIMER - FORWARD LOOKING STATEMENTS

This announcement includes statements that are, or may be deemed to be, 'forward-looking statements'. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'anticipates', 'believes', 'estimates', 'expects', 'intends', 'may', 'plans', 'projects', 'should' or 'will', or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include, but are not limited to, statements regarding the Group's intentions, beliefs or current expectations concerning, amongst other things, results of operations, prospects, growth, strategies and expectations of its respective businesses.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Group's operations and the development of the markets and the industry in which they operate or are likely to operate and their respective operations may differ materially from those described in, or suggested by, the forward-looking statements contained in this announcement. In addition, even if the results of operations and the development of the markets and the industry in which the Group operates are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, those risks in the risk factor section of the Computacenter plc 2024 Annual Report and Accounts, as well as general economic and business conditions, industry trends, competition, changes in regulation, currency fluctuations or advancements in research and development.

Forward-looking statements speak only as of the date of this announcement and may, and often do, differ materially from actual results. Any forward-looking statements in this announcement reflect the Group's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's operations, results of operations and growth strategy.

Neither Computacenter plc nor any of its subsidiaries undertakes any obligation to update the forward-looking statements to reflect actual results or any change in events, conditions or assumptions or other factors unless otherwise required by applicable law or regulation.