Computacenter PLC (LSE:CCC) shares rose 9.6% to 3,354p following a pre-close trading update where it adivsed that full-year 2025 profits are likely to be ahead of market expectations.
The FTSE 250-listed IT reseller said adjusted profit before tax in 2025 should be no less than £270 million as revenue grew 31% or 32% on a constant currency basis.
This was driven by a 38% increase in technology sourcing and a 3% rise in services revenue. Professional services saw strong growth, while there was a modest decline in managed services.
The group highlighted strong execution in North America, with consistent growth across enterprise and hyperscale customers. The UK showed improved performance, and Germany recovered in the second half.
Performance in France was weak due to ongoing market challenges.
Computacenter ended the year with adjusted net funds of around £600 million, boosted by strong collections and early customer payments.
On the outlook, the group said it order intake during the second half remained strong, especially in North America, and it exited 2025 "in a strong position" with a committed product order backlog "significantly ahead" of where it was at the end of June 2025 and in December 2024.
"Looking to 2026 as a whole, while we remain mindful of the uncertain macroeconomic and political environment, as well as the hardware component shortages currently affecting the IT industry, we are confident in our ability to navigate these challenges, and therefore we expect to make further strategic and financial progress on an organic basis."
Earlier this month, the company acquired US-based AgreeYa Solutions and its associated Indian business for up to $120 million. AgreeYa is expected to report 2025 revenue of approximately $120 million and adjusted EBITDA of $14 million.