Computacenter shares rose by more than 10% today after the IT services group reported a stronger-than-expected second half and lifted profit guidance for its financial year.
The Hertfordshire-based firm now expects adjusted profit before tax for 2025 to be no less than £270 million – comfortably ahead of market expectations.
The company said it delivered a strong fourth quarter, meaning performance for the year ended 31st December 2025 came in ahead of expectations.
Revenue on a gross invoiced income basis increased by 32% in constant currency and 31% on a reported basis, with technology sourcing gross invoiced income up 38% and services revenue rising 3% overall.
The business performed particularly well in North America, delivering consistently strong growth across the year with both enterprise and hyperscale customers.
It also reported an improved performance in the UK, while Germany recovered in the second half after a poorer start to the year as public sector activity picked up.
However, the group said market conditions in France remained challenging, with performance since the start of the second quarter described as disappointing.
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It had adjusted net funds of around £600m at the end of December, supported by strong collections and some early customer payments.
The update follows the company’s recent acquisition of AgreeYa Solutions Inc., a professional services business focused on the US enterprise market, along with the assets of AgreeYa India.
The deal was agreed for an enterprise value of up to $120m (£89m), funded from existing cash, with AgreeYa expected to deliver revenue of around $120m in 2025 and adjusted EBITDA of approximately $14m.
AgreeYa was founded 26 years ago and is headquartered in California.
It serves large customers in a range of markets including telecommunications, financial services, professional services and local government.
The company has over 600 people in the US and over 700 in India, including contract staff.
Looking ahead, Computacenter said order intake remained strong in the second half, particularly in North America, and it ended the year with a committed product order backlog significantly ahead of both December 2024 and June 2025.
The update has buoyed investor confidence ahead of the company’s full-year results on 12th March 2026, with shares rising to 3,368p and its market cap around the £3.6 billion mark.