22nd Jul 2020 10:07
(Alliance News) - IT services firm Computacenter PLC on Wednesday said the half-year to June 30 saw adjusted pretax profit "substantially ahead" year on year.
Computacenter saw a surge in demand for IT equipment for those setting up home offices during the lockdown. This considerably helped the performance of the company despite a drop in demand from most industrial clients.
The company's second half adjusted profitability "should be much improved" on prior forecasts, it said.
"This re-forecast has provided better insight and improved clarity for the board and, coupled with the very pleasing first half result, indicates a reduction in uncertainty in our markets for the second half of 2020," Computacenter said.
The group's board believes this year as a whole will be one of material progress for Computacenter.
The company will announce its full interim results on September 9.
The company's shares were up 9.9% at 1,907.08 pence each on Wednesday morning in London.
By Greg Roxburgh; [email protected]
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