Plus   Neg

Computacenter Sees FY Trading Results To Be Well Ahead Of Market View

Computacenter Plc. (CCC.L) said that it expects Group's trading result for the financial year 2019 will be well ahead of current market expectations in both profitability and earnings per share.

The company noted that it has not seen a repeat of the negative impact that occurred in the second half of 2018 due to contract provisions and the existing difficult contracts continue to perform in line with, or slightly ahead of, its expectations.

In a trading update for the period to 30 November 2019, the company noted that both revenue and profitability remain well ahead of its 2018 year-to-date performance on a like for like basis, before the positive impact of acquisitions, with the eleven months of trading to 30 November 2019 showing material progress for Computacenter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Lowe's (LOW) is temporarily increasing wages of its employees. The latest move by the hardware retailer is to help its employees cope with the economical effects caused by the ongoing COVID-19 pandemic. The company has hiked salary by $2 per hour for all full-time, part-time, and seasonal hourly associates,... Amazon.com Inc. (AMZN) Founder and CEO Jeff Bezos is donating $100 million to food banks across the U.S. to support poor people who cannot afford food during this coronavirus crisis. Bezos made a $100 million gift to Feeding America, one of the largest U.S. nonprofit focused on food security. Feeding... Facebook on Thursday shared an update on its $100 million small-business grants program announced in March, saying that it will provide $40 million in grants to 10,000 U.S. small businesses that were impacted by the coronavirus pandemic. In March, the social media giant said it is offering $100 million in cash grants and ad credits for up to 30,000 eligible small businesses.
Follow RTT