6. Breathtaking bottom line
13 June 2018
With his on-the-nose comments and reputation for showmanship (including famously entering Computacenter Kick Offs on trapeze), Norris could scarcely be accused of being boring.
But in 2018, his company was dubbed exactly that, as analyst TechMarketView awarded it a ‘Boring Award’ for achieving ten years of uninterrupted earnings per share growth.
And that record has continued since, with Computacenter notching up a 19th consecutive year of profit growth in its last set of annual results (calendar 2023).
Whether or not it can make it 20 is another question – it warned in October that its full-year 2024 adjusted profit before tax (on a constant currency basis) will be “modestly behind last year” following a “softer end” to its Q3, however.
Either way, such numbers helped Norris last March beat his opposite numbers at the likes of M&S and Babcock to land CEO of the Year at last year’s PLC Awards.
Article continues on following page…