Computacenter optimistic about third quarter

Computacenter claims its third-quarter results were”marginally above expectations” and says it is “very comfortable” with its current expectations for the full year ending 31 December.

The reseller added that it is “on track to deliver record revenue, profits and earnings per share” based on its recent earnings and forecasts.  In a statement the company said that it entered the fourth quarter with strong backlogs in both Services and Technology Sourcing.

“The Technology Sourcing backlog is at record levels driven by three factors – strong underlying demand, vendor product supply constraints and customers placing advance orders to mitigate the risk of product shortages.

“The product supply shortages are not as severe as some market predictions, but are affecting the timing of revenue bookings, and increasing inventory levels, as we wait for components to complete orders. Without these constraints, our expected record performance would be even stronger.”

The business is due to publish a pre-close trading update announcement on Monday 24 January 2022.