Computacenter to meet expectations despite currency headwinds
22nd Jan 2016 07:49
(ShareCast News) - Computacenter, which provides IT infrastructure services, said it expects to meet its upgraded forecasts for 2015 despite currency headwinds. In a trading update for the year ended 31 December, the group said its performance was achieved despite the strength of sterling against th
Read moreDirector Deals: Computacentre chairman Lock builds stake
28th Oct 2015 10:01
(ShareCast News) - Greg Lock, chairman of Computacentre, has been building up a small stake in the company over the days since the company's unspectacular results. Lock purchased 17,200 shares at an average price of 752.5p and his wife, Rosemary, a further 30,800 at the same price. This followed pur
Read moreComputacenter's on line to meet annual expectations, despite strong currency headwinds
21st Oct 2015 08:46
(ShareCast News) - IT provider Computacenter said trading in the third quarter was hampered by strong currency headwinds, but its outlook for the full year remains in line with expectations. In the third quarter, overall revenue rose 4% year-on-year to £696m on reported basis, growing 10% on a const
Read moreFTSE 250 movers: Marshalls gains on interims, Debenhams slumps on downgrade
28th Aug 2015 14:36
(ShareCast News) - London's FTSE 250 was a touch higher on Friday and by 1445 BST, was trading up 0.2% at 16,952.75, with investors mostly keeping to the sidelines at the end of what's been a pretty turbulent week. Marshalls was the standout gainer after the paving slabs specialist posted a strong s
Read moreComputacenter posts jump in interim profit, upbeat on full year
28th Aug 2015 08:29
(ShareCast News) - IT provider Computacenter posted a jump in interim pre-tax profit and said it expects its performance for the year to be slightly ahead of original expectations. For the six months ended 30 June, adjusted pre-tax profit rose 13.7% from the same period last year to £29.1m as it ben
Read moreComputacenter's chairman buys new shares
1st Jul 2015 16:39
The non-executive chairman of Computacenter has bought new shares in the company. Greg Lock purchased 41,500 shares for an individual price of 768.8p, spending a total of £319,052. As a result, Lock, who is also the chairman of Kofax, holds 390,922 shares in the IT group, which represent 0.32% of i
Read moreComputacenter appoints Bwin.party chairman to board of directors
23rd Jun 2015 10:20
IT provider Computacenter has appointed Philip Yea as the senior independent non-executive director and the chairman of its remuneration committee. Yea, who is currently a non-executive director of both Vodafone and Aberdeen Asian Smaller Companies Investment Trust, as well as the chairman of Bwin.p
Read moreComputacenter annual profits grows as UK performances offset sluggish growth in Europe
12th Mar 2015 09:10
Information technology provider Computacenter PLC cited strong performances in its UK business as the driving factor behind an annual pre-tax profit increase. The FTSE 250 group said pre-tax profit rose 51.3% to £76.4m, as revenue climbed 1.4% to £3.11, even though it was hampered by currency headwi
Read moreFTSE 250 movers: Oil stocks rise, TalkTalk falls on dissapointing outlook
3rd Feb 2015 14:19
The news that BP had slashed its investment budget for this year by $4bn-6bn gave crude prices a boost, and in turn oil stocks, as the commodity extended gains made over the last few days on speculation of slowing output. Brent rose 3.9% to $56.86 a barrel, lifted further by ongoing strikes at oil r
Read moreComputacenter in line with expectations despite challenging French market
21st Jan 2015 14:48
IT services company Computacenter said its full-year results were in line with expectations despite to the strength of sterling against the euro during 2014. Total revenues increased by 4% in constant currency, though just by 1% on a reported basis, while services revenue rose 5% year-on-year. The
Read moreComputacenter reports mixed third quarter
22nd Oct 2014 08:05
IT infrastructure services provider Computacenter reported a 3% decline in third quarter revenue, but said its full year outlook remained in line with previous expectations. The group was held back by its performance in France and Germany, although said it expects to see some improvement in both dur
Read moreLondon open: Stocks edge higher ahead of FOMC, BoE minutes
17th Sep 2014 08:20
UK stocks edged higher on Wednesday morning after a positive session on Wall Street, though gains were only modest ahead of the hotly-anticipated Federal Open Market Committee (FOMC) statement and Bank of England minutes. London's FTSE 100 was trading 0.2% higher at 6,805 in early deals, after settl
Read moreComputacenter boosts H1 profits but France and Germany pose problems
29th Aug 2014 08:33
Computacenter posted higher first-half profits and a good UK performance, but the IT services provider flagged up challenges in France and Germany. Computacenter said adjusted pre-tax profit in the six months to 30 June rose 6.8% to £28m on a 2.2% rise in revenue to £1.46bn. The group's UK busines
Read moreFriday broker round-up UPDATE
1st Aug 2014 10:33
AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation. Avacta: Numis places both its target price and its buy recommendation under review. Barclays: Berenberg upgrades from sell to hold with a target price of 220p. Bodycote: UBS shifts target price f
Read moreFriday tips round-up: ITV, Computacenter
18th Jul 2014 08:08
'Buy' ITV on bid talk, recommends the Questor column in The Telegraph, following the news that Liberty Global has bought a 6.4% stake in the broadcaster. "The shares jumped 7pc higher on the announcement and Questor believes the move underpins the value in the UK Media player," the paper said. Whil
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