Computacenter Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Computacenter (LON:CCC) Full Year 2024 Results

Key Financial Results

• Revenue: UK£6.96b (flat on FY 2023).
• Net income: UK£170.8m (down 14% from FY 2023).
• Profit margin: 2.5% (down from 2.9% in FY 2023).
• EPS: UK£1.54 (down from UK£1.75 in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Computacenter Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 2.2%.

The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of UK£2.90b (42% of total revenue). Notably, cost of sales worth UK£5.93b amounted to 85% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£798.9m (92% of total expenses). Explore how CCC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom.

Performance of the British IT industry.

The company's shares are down 9.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Computacenter that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.