Full Year Results 

Computacenter targets margin improvement

Computacenter targets margin improvement

Computacenter’s (CCC) top line surpassed the £4bn milestone in 2018, no doubt contributing to the shares’ decent mark-up on results day. The IT group’s largest market, Germany, enjoyed an 8.3 per cent rise in sales to €2.12bn (£1.83bn), underpinned by growth within technology sourcing (previously known as ‘supply chain’). Meanwhile, services revenue increased by 4.5 per cent to €613m. However, the services margin fell two percentage points, after extra costs were incurred within the managed services sub-segment to “stabilise and resolve technical challenges in new contracts”. Still, Computacenter believes investments made last year should drive “major improvements”.

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