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Computacenter plc

Q1 Trading Update - 24 April 2026

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 first quarter to 31 March 2026 ('the quarter').

Overview

The Group delivered a strong performance during the first quarter, which was significantly ahead of the prior year and well above our expectations. Group Technology Sourcing revenue increased particularly strongly, primarily driven by hyperscale customers in both North America and the UK. Group Services revenue was also ahead of last year reflecting strong organic growth in Professional Services, also driven by North America, offsetting a decline in Managed Services revenue.

By region, North America continued its strong momentum and delivered an excellent first quarter, reflecting the record product order backlog position at the end of 2025 and stronger than expected hyperscale customer volume growth, benefiting both Technology Sourcing and Professional Services. The UK also achieved excellent growth in Technology Sourcing, including AI-related project completions and further strong growth in Professional Services. Germany delivered a solid performance against last year reflecting good growth in Technology Sourcing with Professional Services remaining subdued so far this year. Western Europe¹ delivered a small improvement over the prior year.

Group outlook

At the end of the quarter our committed product order backlog across all regions remained strong, reflecting good order intake during the quarter, with some customers ordering IT product further in advance than usual to secure supply, given hardware component shortages currently affecting the IT industry.

Looking to 2026, we now expect to deliver a much stronger performance in the first half of the year than previously anticipated. For the full year, we remain mindful of the uncertain macroeconomic and geopolitical environment and a tougher comparative in the second half of the year. However, after a strong start to the year and assuming no significant deterioration to the external backdrop, we now anticipate delivering full-year results comfortably ahead of market expectations².

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 is the announcement of our Half Year Results on 8 September 2026.

Footnotes:

¹ Western Europe consists of France, Belgium, the Netherlands and Switzerland.

² Company compiled analyst consensus for FY 2026 adjusted profit before tax is £291.3m with a range of £284.5m to £297.1m.

Enquiries:

Notes:

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 sustainable long-term value creation. 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 the FTSE 250. Computacenter employs over 21,000 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 2025 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.