UK IT Channel News | IT Channel Oxygen
  • News
  • Topics
    • Vendor
    • Distributor
    • Partner
    • Indepth
    • Sustainability
    • M&A
    • People Moves
    • AI
    • Tech trends
  • About Us
  • Partner with us
  • KOcycle Zone
Members
Must-Know Distributors
Oxygen 250
No Result
View All Result
  • News
  • Topics
    • Vendor
    • Distributor
    • Partner
    • Indepth
    • Sustainability
    • M&A
    • People Moves
    • AI
    • Tech trends
  • About Us
  • Partner with us
  • KOcycle Zone
No Result
View All Result
UK IT Channel News | IT Channel Oxygen
No Result
View All Result
Home Partner

UK remains ‘difficult’ for Computacenter

Generally upbeat Q3 trading update will only reinforce concerns that UK IT channel is lagging behind overseas counterparts

Oxygen staff by Oxygen staff
30 October 2023
in Partner
Computacenter warehouses from facebook page
Share on LinkedinShare on Twitter

The UK remains “difficult”, Computacenter said in a Q3 trading update this morning – adding to concerns that the performance of the UK IT industry is lagging behind other countries.

The UK grew at a noticeably slower rate than Computacenter’s other major international operations in its first half.

As a result, the LSE-listed reseller and services giant now hauls in more sales from both Germany and North America than the UK.

In a generally upbeat trading update this morning, Computacenter said its Q3 (ending 30 September) followed a “broadly similar pattern to the first half”. While Germany and the US “performed strongly”, the UK market “remained difficult”.

Mike Norris, Computacenter
Computacenter CEO Mike Norris

This verdict will only add to concerns expressed at this month’s Canalys Forums 2023 that the UK IT channel’s performance is not keeping pace with other regions.

Phil Bell, Chief Revenue Officer at Westcoast, said he was surprised by some of the numbers Canalys put up on the big screens hailing the channel’s continued growth.  

“I think the UK is worse than what was on screen. So maybe the UK is not keeping up with our European allies, sadly,” he said.

Computacenter’s trading update comes shortly after Softcat said that customers “noticeably” slowed their rate of investment in the second half of its fiscal 2023.

“Well positioned to take further market share”

Computacenter grew its gross invoiced income by an “extraordinary” 30% to £5.2bn in the first half.

As anticipated, technology sourcing (ie product resale) volumes “normalised” in Q3 as some high-revenue, low-margin projects were completed, it said.

“We remain encouraged by the sales pipeline for Q4,” it noted, however, adding that services revenue continued to grow during the quarter.

“Notwithstanding that Q4 is our largest quarter and much remains to be done, we continue to believe FY 2023 will be another of year of progress with growth in profitability,” Computacenter stated.

“Looking further ahead, with our strength in Technology Sourcing, Professional Services and Managed Services, and focus on retaining and maximising customer relationships over the long term, we believe that we are well positioned to compete and gain further market share.”

Tags: ComputacenterfeaturedSoftcatWestcoast
Previous Post

Meet the MSP AI copilot gunning for £90m ARR

Next Post

Park Place: Xuper partners will enjoy focus following acquisition

Related Posts

Hege Store, Advania
Sustainability

‘Refurbished IT the primary choice, not a compromise’ – Advania CEO on Dreamhouse opening

5 June 2025
‘An important moment’ – Microsoft partners hail government Copilot experiment showing 26-minute daily saving
AI

‘An important moment’ – Microsoft partners hail government Copilot experiment showing 26-minute daily saving

4 June 2025
Change at the top for channel quartet
People Moves

Change at the top for channel quartet

3 June 2025
John Hayes-Warren, Intec
Distributor

Intec Micros unveils new networking and connectivity focus

3 June 2025
Mukesh Gupta, e92plus
Cybersecurity

‘We needed to make a clear distinction’ – e92plus CEO on ‘e92spark’ launch

2 June 2025
Elisha Kirkham, Softcat
Careers & Skills

‘How’s this not been done before?’ – channel talent pros unite to tackle common challenges

30 May 2025
Klaus Schlichtherle, Infinigate
Distributor

Infinigate outgrows its 11 major peers, reaffirms €5bn target

29 May 2025
‘By far the most important factor’ – analyst on Softcat’s share surge
News

‘By far the most important factor’ – analyst on Softcat’s share surge

28 May 2025
Next Post
Park Place HQ

Park Place: Xuper partners will enjoy focus following acquisition

Follow Us

IT Channel Oxygen keeps you informed on the UK IT channel and its sustainable transformation. Learn more

  • About
  • Our Team
  • Partner with us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Cookie Policy (UK)

© 2025 IT Channel Oxygen

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Oxygen 250
  • Must-Know Distributors
  • Member area
  • KOcycle Zone
  • Big Interview
  • News
  • Indepth
  • About
  • Partner with us

© 2025 IT Channel Oxygen