Computacenter (GB:CCC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Computacenter’s Q3 trading update reveals that while the Group’s performance was consistent with the previous year, a cautious corporate spending environment impacted Technology Sourcing volumes. Despite this, the company saw increased Services revenue and is making strong progress on its £200m share buyback program. Looking ahead, Computacenter remains confident in its long-term growth prospects, though it anticipates a modest decline in adjusted profit before tax for the full year.
For further insights into GB:CCC stock, check out TipRanks’ Stock Analysis page.