Shares in Computacenter (CCC) were on the rise, to 1,468p, after the IT group revealed that it had enjoyed “continued momentum” within its supply chain business in the second quarter, and particularly in Germany.
IC TIP:
Buy
at
1468p
Overall, the first half to June was a period of good progress in terms of adjusted profitability, and better progress in terms of adjusted EPS – with the latter buoyed by the company’s share buyback in February. Despite still having much to do in the second half, management now expects trading for the full year to be “comfortably in excess” of its prior expectations.