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The Markets
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The Markets
by Proactive
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Hardware & electrical equipment

Computacenter raises guidance as supply chain business continues to excel

Following a strong start to the year, the IT firm has seen continued momentum in the second quarter within the supply chain business across all geographies - especially in Germany

Investors cheered the second-quarter update from Computacenter PLC (LON:CCC) after the information technology infrastructure services provider raised expectations for the full-year.

The shares, which started the year at 1,153p, rose 94p to 1,468p as the company said its trading result for 2018 “will now be comfortably in excess of its previous expectations” set out at the time of its first-quarter trading update, published in late April.

READ: Computacenter supply chain drives “better than expected” performance in the first quarter

The group said it has seen continued momentum in the second quarter within the supply chain business across all geographies, but particularly in Germany.

#Computacenter PLC$ccc

reports well, but priced in.

=>nothing to do.

— carmen holm (@dlefcoe) July 12, 2018

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