Computacenter’s business bounces back

Computacenter has seen its business bouncing back after a challenging first half.

The reseller saw strong trading across the whole group, with revenue and profitability well ahead of its 2018 Q3 year-to-date performance, without taking acquisitions into account.

Computacenter’s Technology Sourcing and product business continued to flourish in the UK, it added.

“Well-publicised challenging economic conditions are affecting some of our customers. However, to date, this has been more than compensated by the drive to digitalise across the entire marketplace. While the fourth quarter is always the most critical to the year’s performance, the board’s confidence with its current expectations continues to strengthen as we progress through the year.”

In the latest report, Computacenter said that the US arm, built on the acquisition of FusionStorm, saw “a strong return to both revenue and profitability growth with the performance in the third quarter alone being materially greater in absolute profitability than the first half of the year”.

In Europe, Computacenter said that a dip in its German private sector business was offset by gains in the public sector, which in France had performed better than expected.