Computacenter up as guidance adjusted

The share price of FTSE 250 technology provider Computacenter (LON:CCC) has risen by 5.28% to 1,614p (as of 14:05 GMT) as it announced that like for like revenues and profits for the 11 months to November came in well ahead of 2018. As a consequence, management has said that results for the year will be in excess of prior guidance.

December remains the company’s busiest period, but its US acquisitions have integrated well following a difficult start to the year and the negative provisions made in the second half of 2018 have not had to be repeated this year.