Computacenter expects its first-half profits to double amid surging sales from US hyperscaler customers.
The newly minted FTSE 100 firm delivered a “further strong performance” in Q2 that beat expectations, according to a trading update issued this morning.
Computacenter’s market value topped £4bn for the first time in April after a Q1 trading update brought news of continued success in the US.
Its North American business is built on a string of five acquisitions, the latest of which – Government Acquisitions Inc – only came in May.
The Hatfield-based outfit signalled this morning that 1H adjusted pre-tax profits are set to hit double that of last year’s £81.5m haul.
It chalked this up partly to “even stronger than expected volume growth with hyperscale customers” in North America.
Further AI projects in the UK also stoked “excellent” growth in product sales here, it added, while Germany saw “good” product growth but subdued professional services sales.
Its shares are currently up around 10% on the news, propelling its market value close to £4.8bn
Despite facing a “tougher comparative” in the second half, Computacenter stressed that its committed product order backlog is now “well ahead” of the £7.1bn it stood at on 31 December 2025.
Inputting all that into its calculations, Computacenter now expects to deliver full-year adjusted pre-tax profits “comfortably ahead” of the analyst consensus of £313.7m.
That number compares with the £272m adjusted pre-tax profit it banked in 2025, when its top line soared to nearly £13bn.
