Computacenter claims it is 'on track' for record revenue, profits and EPS

Reseller also says its 'expected record performance would be even stronger' without ongoing supply constrains

Computacenter claims it is 'on track' for record revenue, profits and EPS

Computacenter claims its third quarter results finished "marginally above expectations" and says it is "very comfortable" with its current expectations for the full year ending 31 December.

In a trading update, the reseller giant added that it is "on track to deliver record revenue, profits and earnings per share" based on its recent earnings and forecasts.

"We enter the fourth quarter with strong backlogs in both Services and Technology Sourcing," the company said.

"The Technology Sourcing backlog is at record levels driven by three factors - strong underlying demand, vendor product supply constraints and customers placing advance orders to mitigate the risk of product shortages.

"The product supply shortages are not as severe as some market predictions, but are affecting the timing of revenue bookings, and increasing inventory levels, as we wait for components to complete orders. Without these constraints our expected record performance would be even stronger."

The business is due to publish a pre-close trading update announcement on Monday 24 January 2022.