Computacenter has seen its share price jump to its highest since the Dotcom boom on foot of a positive start to its H2.
Its share price jumped 15 per cent after it released a trading update for the period to 31 August, stating that its "successful" H1 is has continued into the first two months of its latter half.
The company has revised its full-year expectations from its previous update, stating that its full-year results are likely to be "materially" above its expectations expressed in the H1 release.
The successful trading performance seen in the first half of the year has continued for the first two months of the second half," the update read.
"As we consolidate our forecasts for the rest of the year, it has become clear to the board that the likely outturn for the year as a whole will be materially above the board's previous expectations as set out in the group's trading update statement announced on 22 July 2020."
Computacenter said at the time that the first half of its fiscal year saw a surge in demand for IT kit, which bolstered its performance, as well as growth in its services unit.
(Photo credit: Google)
Computacenter's record share price was reached on 30 January 1998 when it hit £2565.86.
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