Computacenter had a great year

Computacenter said that it had a record 2021  with its services business reaching its highest growth rates in 20 years.

The Hatfield-based reseller said total group revenues are set to increase by 23 percent for the year ending 31 December 2021 including the effects of acquisitions made since the beginning of 2020. Revenues will increase by 27 percent.

The reseller claims it finished the year strongly and ahead of expectations, and expects adjusted pre-tax profits for the year to be slightly higher than £250 million.

Its services business logged the highest growth figures seen for the last 20 years, Computacenter claims, while its Technology Sourcing operations were “more broadly based” in 2021 than the previous year.

Computacenter added boosted inventory levels to higher-than-usual levels to support customers amid ongoing product shortages.

Its product backlog is at an “all-time high” due to customers ordering earlier than usual amid product supply shortages and an “underlying strength” in the market.

“While as always there is much to do, we enter 2022 growing in multiple geographies, across product and services, which means we feel the business is well placed for another year of progress”, Computacenter said.