A bumper £34m UK software licensing deal helped Computacenter record a 23 per cent year-on-year leap in first quarter revenues.
In a trading update this morning, the LSE-listed reseller and services giant said its Q1 performance beat expectations, particularly around its supply chain (product supply) business.
"This leads the Board to believe that 2018 is likely to be a year of further progress for Computacenter in profitability as well as earnings per share," it said.
The UK was Q1's blue-eyed boy, growing 31 per cent thanks partly to a one-off, £34m software license sale with an unnamed customer.
Without this not-to-be-repeated deal, UK growth stood at 21 per cent, with supply chain up 52 per cent and services down by seven per cent.
That beats the 19 per cent growth recorded by Computacenter's fractionally larger German arm, while French revenues were flat.
From a group perspective, supply chain revenues rose by 27 per cent, a business Computacenter said had benefited from its customers' drive to digitalise their business.
Services sales, which grew just two per cent in Q1, are coming under savage pricing pressure, however, Computacenter added.
"We are responding to our customers' desire to take cost out of long-term support contracts by increasing the competitiveness of our services offerings through productivity improvements which protect our profitability," it said. "However, this market trend does put corresponding pressure on our services top line growth which is currently being more than compensated by the supply chain performance."
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