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Computacenter Shares Jump as Record H1 Prompts Sharp Upgrade to Full-Year Guidance

Computacenter (LON: CCC) shares have jumped as much as 4.5% on Tuesday to around 604p after the FTSE 100 IT infrastructure group posted record first-half results and dramatically raised its full-year profit outlook, well ahead of City expectations.

The Hatfield-based technology and services provider reported revenue up 71.6% to £6.85bn for the six months to 30 June 2026, with gross invoiced income surging 57.6% to £8.93bn. Adjusted profit before tax nearly doubled, rising 87.0% to £152.4m, while adjusted diluted earnings per share climbed 94.1% to 101.9p. The interim dividend was lifted 14.8% to 27.1p.

The standout was North America, where operating profit more than doubled and the region now accounts for over 60% of group adjusted operating profit, fuelled by surging demand from hyperscale, neocloud and enterprise customers investing heavily in digital infrastructure.

The UK business showed “accelerating momentum,” while Germany delivered a “robust” underlying performance, though costs tied to efficiency measures were recognised earlier than expected.

Most striking for investors was the outlook: Computacenter said a strong start to the second half, alongside a record £9.3bn product order backlog—up 323% year-on-year—means it now expects full-year adjusted pre-tax profit of “no less than £380m,” comfortably above analyst consensus of £340.9m.

Chief Executive Mike Norris highlighted the completed acquisitions of AgreeYa and GAI, which expand professional services capability and open access to the US federal government market, alongside June’s promotion to the FTSE 100.

The results underscore Computacenter’s positioning as a key beneficiary of the AI-driven infrastructure buildout among hyperscale and cloud customers.

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