Computacenter PLC (LON:CCC), the provider of information technology services, lifted expectations once again for its performance in 2017.
The company upgraded guidance on numerous occasions last year and it was at it again on Monday, saying revenue for 2017 increased by 12% in constant currency terms and by 17% in actual currency terms.
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Services revenue increased by 7% in constant currency (CC) and by 11% on an as reported basis. Supply Chain revenue increased by 14% in CC and by 19% on an as reported basis.
The group ended the year with net funds of £191.2mln, up £44.6mln from a year earlier on a CC basis.
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It was not all good news, however, as it said that while the positive momentum in the market is set to continue, the group plans a number of one-off costs and investments that will constrain profitability in 2018.
Computacenter shares were up 0.9% at 1,174.8p after an hour of trading.