UK-based reseller Computacenter is set to report "comfortable" growth in Q3 according to a trading update released on Wednesday.
It claims both revenue and profits for the three months ending 30 September are set to come "well ahead" of its Q3 last year, driven by the positive impact of acquisitions.
The Hatfield-based firm's financial outlook remains in line with expectations, which were raised after its H1 results published on 31 July 2019.
Although the trading update did not disclose any figures, Computacenter did give some commentary on how its businesses are performing.
The UK has seen "pleasing" revenue growth in its Technology Sourcing business while Germany has performed "strongly" throughout the quarter. Shortfalls from its International Sector customers in Germany were vastly outweighed by gains in the public sector, the firm claims.
In France, Computacenter is set for a better-than-expected performance. It did, however, lose a large managed services renewal with a French customer which will have a small impact on 2020 financial results.
Computacenter's US arm, which was greatly bolstered through its acquisition of FusionStorm last year, bore strong revenue and profit growth, with the quarter alone delivering higher absolute profits than the first half of 2019. In its H1 trading update on 31 July, Computacenter said that the US business had "underperformed" in the first six months of the year.
The UK firm claims that its smaller European countries - referring largely to business in Switzerland and the Netherlands - "continued their positive contribution".
Computacenter's shares had spiked by nine per cent in the opening hours of trading on Wednesday morning off the back of the trading update.
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