Economy
UK's Computacenter Raises Profit Forecast for Fourth Time This Year as AI Data Centre Demand Holds
British technology services provider Computacenter raised its 2026 profit forecast for the fourth time this year, pointing to steady demand from AI data centre customers in North America and the UK, sending its shares up 6.3%.
Photo: NERSC / Wikimedia Commons (CC0).
British technology services provider Computacenter on Monday forecast annual profit above market expectations for the fourth time this year, driven by steady demand from AI data centre customers in North America and the UK, Reuters reported.
The company said it now expects to report no less than 425 million pounds, about 567.67 million dollars, in fiscal 2026 adjusted pretax profit, well above a company-compiled analyst consensus of 387.1 million pounds. Its shares rose 6.3% on the news.
Third-quarter performance was also ahead of expectations, the group said, building on a strong first-half performance. At the third quarter ended 30 September, its committed product order backlog stood at 12.6 billion pounds, up from 9.3 billion pounds at the end of June.
The group's technology sourcing revenue in the quarter was driven by hyperscale and neocloud customers in North America and the UK, the company said. Shares of the company have risen 56.7% so far this year, as of Friday's close.
Source: Reuters
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