The European resellers inspiring investor confidence

Josh Budd
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The European resellers inspiring investor confidence

It's not just UK-listed resellers that are enjoying a solid 2018 on the stock market, with European counterparts such as Cancom and Crayon also climbing

2) Computacenter

Share increase YTD: 28%

Current market valuation: £1.63bn (€1.84bn)

Valuation at start of year: £1.31bn

It's welcoming news when Europe's largest player is giving investors cause for celebration. The LSE-listed firm has seen its share price grow by 27.5 per cent so far this year. The reseller beat stock market expectations in its recent Q1 results, as a trading statement forecast more good fortunes for the rest of 2018.

The results follow on from a 2017 in which Computacenter reported its best-ever revenues, after posting 16.9 per cent growth to its top line.

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The firm's achievement has not gone unnoticed in the wider industry. CEO Mike Norris recently accepted TechMarketView's Boring Award, which is presented to publically-listed companies which report EPS growth for 10 consecutive years.

"I do spend a little bit of my time defending resellers because it's not just services. We have developed a $1bn services business but traditional resell is still very important to us," Mike Norris, CEO, Computacenter

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