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Highlights

  • Group Technology Sourcing revenue saw year-on-year growth, led by North America.

  • Professional Services revenue grew across regions, particularly in the UK.

  • Order backlog remains healthy, supporting a positive outlook despite macroeconomic uncertainties.

Computacenter plc (LSE:CCC), a leading independent technology and services provider, has reported a positive start to the 2025 financial year, posting a trading update for the first quarter ended 31 March 2025. The Group’s unaudited results showed a performance that surpassed the same period last year and remained in line with internal expectations, reflecting resilience and strategic execution across key global markets.

The company witnessed momentum in its Technology Sourcing division, with revenue significantly increasing compared to the prior year. This growth was primarily driven by robust performance in North America, where demand remained high and was further supported by an elevated product order backlog carried over from the end of 2024. The Group noted that the North American market continued to perform exceptionally well, reinforcing its importance as a key driver of overall Group growth.

Services revenue also improved year-on-year, with notable gains in Professional Services. Although Managed Services revenue saw a slight decline, the company emphasized that its services business overall demonstrated healthy performance. The UK market delivered growth in Technology Sourcing and particularly significant growth in Professional Services, pointing to increasing client demand for high-value IT transformation support.

In Germany, the company navigated a predicted short-term slowdown in public sector projects following recent elections. Despite this temporary dip, the business continued to perform steadily, benefiting from its diversified customer base and sustained demand in other sectors.

Computacenter's outlook remains cautiously optimistic. As of the end of Q1 2025, the Group's committed product order backlog across all regions was higher than the same period in 2024, providing a foundation for future quarters. However, the company acknowledged that growing global political and economic uncertainties could influence customer behavior in unpredictable ways.

Despite these external risks, Computacenter stated it has no direct exposure to tariffs, as its supply chain strategy involves fulfilling regional demand through localized supply chains. This structure, the company believes, enhances its agility and shields it from some geopolitical volatility.

Looking ahead, Computacenter reaffirmed its expectation of making further progress through 2025 in constant currency. It also emphasized its capacity to gain market share, backed by its comprehensive portfolio spanning Technology Sourcing, Professional Services, and Managed Services. 

The company concluded its update by reiterating its long-term confidence and announced that its next scheduled communication will be the release of its Half Year Results on 9 September 2025.