Computacenter plc (LON:CCC), a leading independent technology and services provider, has published a trading update, based on unaudited financial information, for the third quarter to 30 September 2026.
Overview
Following a very strong first half performance we continued to execute well, delivering an excellent Q3 performance ahead of our expectations. Group Technology Sourcing revenue continued to grow strongly, primarily driven by hyperscale and neocloud customers in North America and the UK. Group Services revenue was also ahead of last year, as strong organic growth in Professional Services, also driven by North America, more than offset a decline in Managed Services revenue.
By geography, North America continued its strong momentum, with record levels of project completions, benefiting both Technology Sourcing and Professional Services, while also increasing its committed product order backlog. The UK also achieved excellent growth in Technology Sourcing and solid growth in Professional Services. Germany delivered a robust underlying performance versus last year, with strong growth in Technology Sourcing and Professional Services remaining stable. As highlighted at the half year, we continue to take action in Germany to improve efficiency and align our resources with demand.
Group outlook
We ended Q3 in a strong position with a record committed product order backlog1 of £12.6bn, versus £9.3bn at the end of June, and a strong pipeline of opportunities in North America and the UK. Following the excellent performance in Q3 and a strong start to Q4, we now expect adjusted profit before tax for FY 2026 to be no less than £425m2.
Capital Markets Event – 24 November
We will be hosting a Capital Markets Event in Hatfield, Hertfordshire, UK on 24 November for analysts and institutional investors. Hosted by Mike Norris (CEO) and Keith Mortimer (CFO), the event will include presentations from senior leaders covering our North America growth opportunity and our differentiated European Data Center capability. It will also include a site visit of our Hatfield Integration Center and new Liquid Cooling Facility. Details on how to register are available on our website: Capital Markets Day – Computacenter plc.
Our next scheduled trading update will be our Pre-close Trading Update on 28 January 2027.
Footnotes:
- The total value of committed outstanding purchase orders placed with our technology vendors against non-cancellable sales orders received from our customers for delivery within 12 months, on a gross invoiced income basis.
- Company-compiled analyst consensus for FY 2026 adjusted profit before tax is currently £387.1m with a range of £380.8m to £395.3m.
