Reseller Computacenter made more than £6 billion in yearly revenues and claimed it had seen the “highest growth in services revenue for the last 20 years”.
Revenue for the full year jumped 23.6 percent to £6.7 billion with an adjusted profit before tax of £255.6 million – up 27.5 percent from the year before.
The group’s revenue for its Technology Sourcing segment surged 26.2 percent to £5.3 billion. Organic revenue growth excluding the impact of acquisitions was 11.5 percent.
Services revenue climbed by 15 percent to £1.5 billion with professional services revenue up 29.9 percent and managed services revenue increasing by 7.5 percent. Without the impact of acquisitions, services revenue went up by 9.2 percent on a constant currency basis.
CEO Mike Norris said that the doubling of profits over the last three years has been the result of deliberate actions that the company has previously taken to enable growth.
“Our acquisitions in North America and Western Europe have materially increased our total addressable market. The organic investments we have made, including the expansion of our sales force, recruiting technical expertise and investing in systems to enhance our productivity, have been substantial. Collectively, these have put us in a position to take advantage of the ongoing buoyant market conditions, as our customers invest in digitalising their businesses.”
Computacenter said it had seen “significant increases in expenditure from industrial customers and hyperscale technology customers” which “complemented continuing business within the public and financial services sectors”.
