Computacenter raises 2026 profit outlook after record first half

Computacenter PLC on Tuesday lifted its yearly forecast following record first-half results.

The Hatfield, England-based technology services provider and Nvidia Corp partner said its pretax profit for the six-month period ended June 30 surged 95% to £142.6 million from £73.2 million a year earlier.

Revenue for the FTSE 100 listed company jumped 72% to £6.85 billion from £3.99 billion, primarily driven by North America Technology Sourcing, with the region's operating profit more than doubling, the company said.

The company explained that growth in the North American region "was achieved through buoyant data centre demand, including AI-related infrastructure, as well as growth with enterprise customers across a variety of sectors".

In the UK, the company noted accelerated momentum, with revenue growth across Technology Sourcing, Professional Services and Managed Services. A robust underlying performance in Germany was also reported, despite an "ongoing challenging economic backdrop."

However, the company noted that Western Europe's performance was stifled by France.

Computacenter raised its dividend by 15% to 27.1 pence per share from 23.6 pence.

Adjusted operating profit was £118.5 million, rising from £49.1 million, while adjusted pretax profit jumped 87% to £152.4 million from £81.5 million.

For the whole of 2026, Computacenter said it now expects adjusted pretax profit to be "significantly ahead of current market expectations" and "no less than £380 million". It put consensus at £340.9 million. Adjusted pretax profit in 2025 was £272.0 million.

Chief Executive Mike Norris said: "Computacenter delivered a record first half, significantly ahead of our expectations at the start of the year, as we converted strong and growing customer demand for digital infrastructure into substantial revenue, gross profit and operating profit growth.

"While we continue to invest organically to secure future growth, we also completed the acquisitions of AgreeYa and GAI. These additions expand our professional services capability, broaden our North American customer proposition and provide access to the US federal government market."

The firm said it enters the second half in a "strong position", with a record committed order backlog of £9.3 billion.

Shares in Computacenter were up 2.1% at 5,715.00 pence on Tuesday morning in London. The wider FTSE 100 index was down 0.3%. Shares in the company have more than doubled over the past year and it was promoted to the FTSE 100 in June.

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