Computacenter managed services pipeline in rude health

Infrastructure and services giant reveals a £60m managed services order book that will run for the next five years

Computacenter is lauding its managed services pipeline, claiming its prospects have reached a "satisfactory conclusion".

But the wins will make no difference to its 2011 figures, the company warned.

In a statement to the London Stock Exchange, the VAR giant said the contracts will deliver cumulative revenue of about £60m per annum, with scope for additional revenue from services projects and product pull-through.

“Contractual revenue will grow from now, reaching the full run rate by the second half of 2012, with the majority of these contracts lasting for five years when fully operational,” the company said. In total, Computacenter has six "material" managed services contracts across a number of sectors, including domestic and multinational customers.

“These include a desktop outsource with a large UK retailer, a desktop outsource with a major international bank in the UK, a global client support contract with a pharmaceutical company, a global client support contract with a global manufacturer with a head office in the UK, a pan-European desk-side services contract with a global industrial company, and a comprehensive infrastructure outsource with a UK mutual insurer,” the statement said.

“These contract wins, together with others secured in France and Germany, clearly demonstrate Computacenter’s ability to deliver cost-effective and robust outsourced solutions for customers and help to underpin the Board’s expectations for 2012 and beyond,” it added.

“The wins announced today, however, will make little contribution to 2011. While much remains to be done in the critical last weeks of the year, the business remains on track for the Board’s 2011 expectations,” Computacenter said.

The firm will release a pre-close trading update in early January.