Computacenter hampered by German slowdown

Computacenter hampered by German slowdown

As the German economy shows increasing signs of a slowdown, Computacenter (CCC) saw operating profit in its largest market remain largely flat in the first half of 2019 at £32.6m. With the private sector curbing its IT investment, the group came up against “massive cost-cutting measures” in industries such as car manufacturing, with its largest technology sourcing client cutting spending by 60 per cent. Offset by a resilient public sector, the IT infrastructure and services provider remains hopeful the adverse impacts of an economic downturn can continue to be mitigated.

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