Computacenter announce an interim dividend increased by 3.1% to 23.3p

DividendMax Ltd.

Computacenter announce an interim dividend increased by 3.1% to 23.3p

The Computacenter Board is to announce a 3.1% increase in the interim dividend to 23.3p per share (H1 2023: 22.6p per share). The interim dividend will be paid on Friday 25 October 2024. The dividend record date is set as Friday 27 September 2024 and the shares will be marked ex-dividend on Thursday 26 September 2024.

Other financial highlights include:

Gross profit declined by 4.8% and adjusted PBT by 26.8% in constant currency driven by the expected normalisation of Technology Sourcing volumes against exceptionally strong comparatives, solid underlying performances in Germany and North America, softer UK market conditions and planned increased strategic investment in the half  

Strong balance sheet position with adjusted net funds increasing by £116.8m to £401.9m supporting a £200m return of capital by way of share buyback

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