When Computacenter PLC (LSE:CCC) uploads its pre-close statement on Monday it may shed some light on how businesses are reacting to the slowing economic backdrop, as it is has enjoyed some bumper years from selling computers and software to corporates undergoing 'digitisation'.
With shares standing around 6% higher than they were before the pandemic after a 29% decline last year, the FTSE 250 group is forecast to have generated around £5.9bn of sales and £261mln of pre-tax profit, up from £5bn and £256mln a year earlier.
In its last update in October the company said the third quarter continued to see good growth, with double-digit product revenue sales in all markets, though profit margins in services were more challenged due to the unwinding of the Covid benefits as well as higher costs.
"We expect similar trends to have persisted in Q4 and into 2023," said UBS.
"Regionally, we expect North America to remain strong, as well as France and Germany, while we expect the UK to remain softer."
With management having already provided an expectation that 2023 would be another year of growth while investments will hold back short-term profitability, UBS forecast growth to "mainly come from product revenues, and some growth from professional services".
For 2023 the Swiss bank's analysts are looking for 6.8% sales growth to £6.50bn, 5% ahead of the City consensus, and PBT of £259m, 2% below consensus.