Computacenter - Q3 2020 Trading Update

30/10/2020 - Computacenter plc ("Computacenter"), a leading independent technology partner trusted by large corporate and public sector organisations, today publishes a trading update, based on unaudited financial information, for the third quarter to 30 September 2020 ("the quarter").

The quarter finished as we had anticipated when we reported our Interim Results on 9 September 2020 and we are highly pleased with the performance, as a whole, across all our major geographies. The Board is very comfortable with its current expectations for the full year as we have entered the fourth quarter with good short-term visibility and a strong backlog of orders.

Further to our announcement on Friday 23 October 2020 that followed the shareholder vote held on the same day by Pivot Technology Solutions, Inc. ("Pivot"), in Canada, we are pleased that Pivot will become part of Computacenter on Monday 2 November 2020. On the same day we will also complete the transaction to acquire BT Services France which will be renamed Computacenter Network & Systems and become a wholly owned subsidiary of Computacenter France SAS. These acquisitions will have a marginal positive effect on our 2020 results but should, together in aggregate, add significantly to 2021.

We look forward to publishing our Pre-Close Trading Update announcement on Friday 22 January 2021.

Tulchan Communications

James Macey White / Matt Low
+44 20 7353 4200

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