The European resellers inspiring investor confidence

Josh Budd
clock • 4 min read

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.

Mike Norris Computacenter

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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