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Brexit? Now that it's raining more than ever, know we're OK at Computacenter

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Dorothy Chiaramonte
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We're just a humble reseller, eller, eller, eh, eh, eh

Amid talk of Brexit uncertainty, Computacenter has issued a pre-close trading update that showed the sales dials for calendar '18 pointing upwards.

And it was boring old tech reselling that helped it get there.

Back in October, the services-based reseller reported 3 per cent slide in revenues for Q3 that caused its share price to slump by one-fifth, though at the time the firm did say that trade would improve in Q4.

In a note to the London Stock Exchange today, Computacenter said it had indeed "outperformed" forecasts to post "record revenues" and pre-tax profits "marginally ahead" of expectations for the year.

Excluding trade from buys made during 2018 - Misco Netherlands and StormForce in the US - group sales were up 8 per cent: services grew 1 per cent and product reselling bounced 11 per cent.

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Dorothy Chiaramonte
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