Computacenter (CCC)

Sector:

IT Services

Index:

FTSE 250

2,818.00p
   
  • Change Today:
    -24.00p
  • 52 Week High: 2,944.00
  • 52 Week Low: 2,026.00
  • Currency: UK Pounds
  • Shares Issued: 122.69m
  • Volume: 40,168
  • Market Cap: £3,457.35m
  • RiskGrade: 119

Computacenter says results much better than expected

By Sean Farrell

Date: Wednesday 02 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Computacenter said annual results were likely to be significantly better than the company's previous expectations.
The computer services company said successful trading in the first half of the year had continued in the first two months of the second half. The unscheduled update was Computacenter's second trading upgrade in less than two months.

On 22 July the FTSE 250 company said first-half profit was substantially ahead of the year before and that the second half would be better than expected. On Wednesday it said the year would be better than predicted in that statement.

The company's shares rose 9.6% to £22.10.22 at 08:51 BST.

Computacenter's business has boomed during the Covid-19 crisis as companies and other organisations have sought help setting workers up for home working and protecting their computer networks.

The company said: "As we consolidate our forecasts for the rest of the year, it has become clear to the board that the likely out turn for the year as a whole will be materially above the Board's previous expectations as set out in the group's trading update statement announced on 22 July 2020."

Computacenter withdrew its final dividend for the last financial year in April to conserve cash during the crisis. The company reports first-half results on 9 September.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Computacenter Market Data

Currency UK Pounds
Share Price 2,818.00p
Change Today -24.00p
% Change -0.84 %
52 Week High 2,944.00
52 Week Low 2,026.00
Volume 40,168
Shares Issued 122.69m
Market Cap £3,457.35m
RiskGrade 119

Computacenter Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.92% below the market average86.92% below the market average86.92% below the market average86.92% below the market average86.92% below the market average
6.17% above the sector average6.17% above the sector average6.17% above the sector average6.17% above the sector average6.17% above the sector average
Price Trend
51.48% above the market average51.48% above the market average51.48% above the market average51.48% above the market average51.48% above the market average
29.67% above the sector average29.67% above the sector average29.67% above the sector average29.67% above the sector average29.67% above the sector average
Income
26.29% below the market average26.29% below the market average26.29% below the market average26.29% below the market average26.29% below the market average
79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average
Growth
31.81% below the market average31.81% below the market average31.81% below the market average31.81% below the market average31.81% below the market average
45.88% below the sector average45.88% below the sector average45.88% below the sector average45.88% below the sector average45.88% below the sector average

What The Brokers Say

Strong Buy 2
Buy 6
Neutral 3
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Computacenter Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 28-Sep-23
Paid 05-Jul-24 27-Oct-23
Amount 47.40p 22.60p

Trades for 28-May-2024

Time Volume / Share Price
13:57 7 @ 2,818.00p
13:57 11 @ 2,818.00p
13:55 1 @ 2,816.00p
13:55 30 @ 2,818.00p
13:55 99 @ 2,818.00p

Computacenter Key Personnel

CEO Michael J Norris
Chair Pauline Campbell

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