author-image
TEMPUS

Expect big things from the IT crowd

The Times

Germany was the fastest- growing G7 economy last year. That is good news for Computacenter, the IT services group, which gets about 45 per cent of its revenues there and which yesterday brought forward a trading statement planned for Friday to indicate that it is trading ahead of expectations.

As recently as 2014 the group faced headwinds in Germany and France but the year has started strongly for both of these territories.

Computacenter supplies hardware and services and has benefited from a buoyant market as German companies expand and double down on digitalisation of their businesses and processes.

Revenues in Germany rose by 23 per cent for the first quarter with services revenue rising by 8 per cent and hardware revenue up by 31