Gross invoiced income: £2.38bn
Staff: 4,173
Having led this LSE-listed reseller and services giant through the £10bn sales barrier in 2023, Computacenter CEO Mike Norris celebrated 30 years as its CEO on 1 January 2025.
But the blunt-speaking big cheese is “not going anywhere yet, I promise”, he told IT Channel Oxygen last April. “The acquisitions in the US, being Britain’s second-largest company in Germany, having 1,200 employees in Bangalore that I’m going out to see in five weeks’ time, having scale, having size, building something of significance… that’s what I get a kick out of,” he said.
Computacenter’s total calendar 2023 gross invoiced income leapt 11% to £10.08bn, which Norris attributed to “a few big customers performing very, very well”. Technology sourcing contributed £8.44bn to the total (up 13%), with services GII rising a more modest 4% to £1.64bn.
But the Hatfield-based outfit described its UK performance as “disappointing”, as adjusted operating profit in its home market slumped 27% to £58.8m on GII that inched up 2% to £2.38bn. Its North American and German arms are now both comfortably larger (generating a respective £3.60bn and £2.88bn in GII in 2023).
In a trading update at the end of October, Computacenter warned that its full-year 2024 adjusted pre-tax profit (on a constant currency basis) will be “modestly behind last year”, as the UK business continued to trail expectations.
Oxygen ice-breaker
Computacenter has created “around” 50 millionaires through its stock, Norris claimed at a Channel Chat event in October (some 67% of Computacenter’s UK employees have stock in the company).
