Computacenter plc Reports Revenue Results for the Third Quarter Ended September 30, 2018; Provides Earnings Guidance for the Fourth Quarter and Year of 2018
October 31, 2018 at 07:04 am
Computacenter plc reported revenue results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported Group revenue for the third quarter declined year-on-year by 3% to £900 million against £931.9 million, and by the same amount in constant currency. This small decline, compared to the strong results in the first half, is due to a significantly more challenging comparison. The third quarter Group revenues lead to a year-to-date increase of 11% and of 10% in constant currency.
The company expected 2018 fourth quarter is for improved growth before acquisitions but not to the levels seen in the first half of the year.
The outlook for the Group's trading result for the whole of 2018 remains in line with the Board's expectations as upgraded within the 12th July 2018 Trading Update and confirmed in the Interim Results.