Earnings release
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O Computacenter Computacenter - Q1 2021 Trading Update April 29 , 2021 RNS Number : 9829W Computacenter PLC 29 April 2021 Computacenter plc Incorporated in England Registration number : 03110569 LEI : 549300XSXUZ1119DB105 ISIN : GB00BV9FP302 FOR IMMEDIATE RELEASE Computacenter plc Q1 Trading Update - 29 April 2021 Computacenter plc ( " Computacenter " , the " Company " or the " Group " ) , a leading independent technology partner trusted by large corporate and public sector organisations , today publishes a trading update , based on unaudited financial information , for the first quarter to 31 March 2021 ( " the quarter " ) . Overview We have been extremely pleased with the profit growth we have achieved in the first quarter of 2021 , which is testament to our continued investment , over many years , in our systems , tools and processes that optimise our business and improve our customer experience . There has been a strong demand across the business particularly for our Professional Services in Germany and the UK , and significant revenue growth in Technology Sourcing in the UK . The cost base reductions we experienced since the start of the COVID - 19 pandemic have been maintained through the quarter . The combined performance of our existing US business and the recently acquired Pivot has been ahead of our expectation and while there is still a lot to do , the two companies remain on track . The weakness of the US dollar creates an unavoidable headwind to the Group's performance and , if it stays at the current levels , would be expected to impact full year profit by approximately £ 4 million . Our other acquisition in France , while as expected is loss - making , performed in line with our expectations and again the integration is on track . Group Outlook