Computacenter - Q3 2021 Trading Update
Incorporated in
Registration number: 03110569
LEI: 549300XSXUZ1I19DB105
ISIN: GB00BV9FP302
FOR IMMEDIATE RELEASE
Q3 Trading Update -
The third quarter finished marginally above our expectations which, combined with our most recent forecast for the fourth quarter, means the Board is very comfortable with its current expectations for the full year ending
We enter the fourth quarter with strong backlogs in both Services and Technology Sourcing. The Technology Sourcing backlog is at record levels driven by three factors - strong underlying demand, vendor product supply constraints and customers placing advance orders to mitigate the risk of product shortages.
The product supply shortages are not as severe as some market predictions, but are affecting the timing of revenue bookings, and increasing inventory levels, as we wait for components to complete orders. Without these constraints our expected record performance would be even stronger.
We look forward to publishing our Pre-Close Trading Update announcement on Monday
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Enquiries: |
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+44 (0) 1707 631 601 |
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+44 (0) 1707 631 515 |
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+44 (0) 2073 534 200 |
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