The latest update is out from Computacenter ( (GB:CCC) ).
Computacenter announced its 2024 full-year results, highlighting a solid performance despite challenging market conditions. The company reported a slight decline in gross invoiced income and operating profit compared to the previous year, but achieved record profitability in the second half of the year, driven by strong performance in North America and Germany. The company completed a £200m share buyback and increased its dividend, reflecting strong cash generation and a robust balance sheet. Looking ahead to 2025, Computacenter is optimistic about growth opportunities, particularly in North America, despite an uncertain macroeconomic environment.
More about Computacenter
Computacenter is a leading independent technology and services provider, serving large corporate and public sector organizations. The company focuses on sourcing, transforming, and managing technology infrastructure to enable digital transformation. It is publicly traded on the London Stock Exchange and is a member of the FTSE 250, employing over 20,000 people worldwide.
YTD Price Performance: 9.89%
Average Trading Volume: 242,399
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.44B
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