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(Sharecast News) - Computacenter boosted full-year guidance on Thursday on the back of strong second-quarter trading, fuelled by bumper demand from hyperscalers.
The technology and services provider said trading in the three months to 30 June had been ahead of expectations, building on an "excellent" first quarter.
In particular, it flagged above-forecast volume growth with hyperscale customers in North America, while in the UK, technology sourcing benefited from further artificial intelligence-related projects.
As a consequence, the blue chip confirmed that interim profits were likely to be around double the previous year's 81.5m, while full-year results were set to come in "comfortably ahead" of market expectations, despite tougher comparatives in the second half. The committed product order backlog was also "well ahead" as at 30 June of the 7.1bn seen at the end of December, it added.
Analysts currently expect annual adjusted pre-tax profits to come in between 305m and 324.3m.
Computacenter, which employs around 21,000 people worldwide, is due to post interim earnings on 8 September.
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