12th Mar 2026 09:55
(Alliance News) - Computacenter PLC on Thursday reported sharply higher revenue for 2025 but slightly lower statutory pretax profit, while raising its dividend and expressing confidence in further progress in 2026.
The Hatfield, England-based technology services provider said revenue rose 32% to GBP9.19 billion from GBP6.96 billion a year earlier, driven by strong growth in its technology sourcing business.
The firm noted "considerable macroeconomic and political uncertainties across our regions that has led to fluctuating IT demand."
Gross invoiced income climbed 31% to GBP12.99 billion from GBP9.92 billion.
Pretax profit slipped 2.5% to GBP238.5 million from GBP244.6 million. Diluted earnings per share fell 4.8% to 145.5 pence from 152.9p. Operating profit however rose 1.4% to GBP241.2 million from GBP237.9 million.
Adjusted operating profit increased 11% to GBP274.7 million from GBP246.7 million, while adjusted pretax profit rose to GBP272.0 million from GBP254.0 million. Adjusted diluted earnings per share improved 9.5% to 175.1p from 159.9p.
The company proposed a final dividend of 51.0 pence per share, up 7.6% from 47.4p a year ago. That would bring the total dividend for 2025 to 74.6p, up 5.5% from 70.7p in 2024.
Computacenter said it enters 2026 with a record product order backlog of GBP7.1 billion and expects further strategic and financial progress, although it remains mindful of macroeconomic, political and supply chain challenges.
Separately, broker Jefferies cut its price target on the stock to 3,700 pence from 3,800p but maintains a 'buy' rating.
Chief Executive Officer Mike Norris said: "North America had an outstanding year with both enterprise and hyperscale customers, leading to profits nearly doubling and now accounting for nearly 40% of the group. The UK was back to growth, and Germany's better second half performance was supported by a recovery in the public sector towards the end of the year. We have plans in place to improve our performance in France after a disappointing year."
The company said: "Looking to 2026, 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. Therefore, we expect to make further strategic and financial progress on an organic basis, enhanced by the acquisition of AgreeYa."
Computacenter shares fell 6.0% to 2,976.00 pence each on Thursday morning in London. The wider FTSE 250 index was down 0.3%.
By Tom Budszus, Alliance News slot editor
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