Computacenter plc (LON:CCC) shares ticked higher on Wednesday as the FTSE 250-listed company said the drive to digitalise across the marketplace has “more than compensated” for challenging economic conditions affecting some of its customers.
The computer services provider said in a trading update that its outlook remains in line with expectations having recorded higher like-for-like revenue and profits year-on-year in the three months to 30 September, despite a “challenging” first half comparison.
READ: Computacenter profits dip as UK struggles but remains upbeat
The group reported positive performances in the UK, the US, and Europe, even it was not awarded “a large managed services” renewal in France which it expects to have a “small” impact on next year’s results.
“While the fourth quarter is always the most critical to the year's performance, the board's confidence with its current expectations continues to strengthen as we progress through the year,” the firm said in its statement.
Computacenter shares were up 6% to 1,337p in early morning trade.