Computacenter (CCC)

Sector:

IT Services

Index:

FTSE 250

2,696.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 2,944.00
  • 52 Week Low: 2,026.00
  • Currency: UK Pounds
  • Shares Issued: 122.69m
  • Volume: 99,376
  • Market Cap: £3,307.67m
  • RiskGrade: 119

Computacenter acquires US reseller Business IT Source

By Iain Gilbert

Date: Wednesday 13 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Technology services firm Computacenter has acquired US value-added reseller Business IT Source for an undisclosed sum.
Computacenter said on Wednesday that BITS' existing leadership team will stay on to run the business as a separate operating unit within the firm's US division as part of an effort to maximise the growth opportunity.

The FTSE 250-listed group added that both the business and the team will be fully integrated into its North American operations over time.

BITS reported revenue of approximately $245.0m in 2021, with underlying earnings of about $8.9m.

"Our US business continues to grow organically but we will take additional opportunities to improve our positioning. BITS gives us a much stronger presence in the Midwest of the United States and brings some great people, customers and leadership to our business," said chief executive Mike Norris.

"I am confident that the BITS leadership will seize the opportunity to continue their current growth momentum."



Reporting by Iain Gilbert at Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


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 2,696.00p
Change Today 2.00p
% Change 0.07 %
52 Week High 2,944.00
52 Week Low 2,026.00
Volume 99,376
Shares Issued 122.69m
Market Cap £3,307.67m
RiskGrade 119

Computacenter Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.39% below the market average93.39% below the market average93.39% below the market average93.39% below the market average93.39% below the market average
22.35% below the sector average22.35% below the sector average22.35% below the sector average22.35% below the sector average22.35% below the sector average
Price Trend
54.29% above the market average54.29% above the market average54.29% above the market average54.29% above the market average54.29% above the market average
36.17% above the sector average36.17% above the sector average36.17% above the sector average36.17% above the sector average36.17% above the sector average
Income
12.48% below the market average12.48% below the market average12.48% below the market average12.48% below the market average12.48% below the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
38.48% below the market average38.48% below the market average38.48% below the market average38.48% below the market average38.48% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average

What The Brokers Say

Strong Buy 3
Buy 7
Neutral 2
Sell 0
Strong Sell 0
Total 12
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-Mar-2024

Time Volume / Share Price
16:35 50,555 @ 2,696.00p
16:35 45 @ 2,696.00p
16:35 142 @ 2,696.00p
16:35 9 @ 2,696.00p
16:35 7 @ 2,696.00p

Computacenter Key Personnel

CEO Michael J Norris

Top of Page