Computacenter insists that its trading has continued to be “robust” even if the cocaine nose jobs of Wall Street were reluctant to upgrade their market forecasts.
In an unscheduled update, Computacenter said that trading has been “robust” in July and August.
The reseller admits that the second half of 2021 will be pretty rubbish compared to last year when demand was particularly high amid the throes of the Covid pandemic.
But it adds that, even if it logs a flat performance in the second half of 2021, adjusted pre-tax profits will still come in 10 percent ahead of market expectations.
“While visibility in our business is never perfect, given the momentum in the business, a substantial order backlog, the successful acquisitions and a strong forecast we will endeavour to beat last year’s second-half performance, not just match it”, the firm added.
However, the reseller highlighted concerns about product shortages within the industry as well as the strengthening value of the pound.
It stated that the UK business faces “by far” the most challenging year-on-year comparisons in the group. Computacenter’s share price rose by as much as two percent after the trading update was published.
The firm will publish its interim results next week on 9 September.
