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CCC Computacenter Plc

2,940.00
-2.00 (-0.07%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Computacenter Plc CCC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-2.00 -0.07% 2,940.00 16:35:22
Open Price Low Price High Price Close Price Previous Close
2,954.00 2,924.00 2,970.00 2,940.00 2,942.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Computacenter CCC Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
20/03/2024FinalGBP0.47406/06/202407/06/202405/07/2024
08/09/2023InterimGBP0.22628/09/202329/09/202327/10/2023
31/03/2023FinalGBP0.45815/06/202316/06/202314/07/2023
09/09/2022InterimGBP0.22129/09/202230/09/202228/10/2022
16/03/2022FinalGBP0.49409/06/202210/06/202208/07/2022
09/09/2021InterimGBP0.16923/09/202124/09/202122/10/2021
16/03/2021FinalGBP0.38403/06/202104/06/202102/07/2021
09/09/2020InterimGBP0.12324/09/202025/09/202023/10/2020
23/08/2019InterimGBP0.10112/09/201913/09/201911/10/2019

Top Dividend Posts

Top Posts
Posted at 24/1/2024 14:55 by boadicea
Possibly the most interesting part of the update is this ...
"Given the strength of our balance sheet, we are evaluating our options. Historically, Computacenter has a track record of returning surplus capital to shareholders when suitable acquisitions are not available."

With the UK market at its currently very depressed level one might have expected a number of cheap acquisitions to have been available to them over recent months.

Adjusted net funds at ~£450m are standing at about 13.7% of market cap, so failing an acquistion there appears comfortable room for a special or materially increased dividend which they seem to be contemplating.

I was pleased to see no mention of the currency headwinds I had factored in to my previous thinking.
Posted at 30/10/2023 18:51 by srichardson8
TRADING UPDATE TODAY IS EXCELLENT.
'Notwithstanding that Q4 is our largest quarter and much remains to be done, we continue to believe FY 2023 will be another year of progress with growth in profitability.'
At the current price of around 2500, the current (Dec 23) year p/e is around 14.5, the RoCE looks like staying at 25%, the dividend yield is around 3% and x2.5 covered, latest publicised net cash was around £165mn (mkt cap is £2.8bn). The business is growing in the US and Germany,overall the markets they serve should continue to expand.
There is conceivably a future overhang from the large shareholdings of the founders Sir Peter Ogden (18%) and Philip Hulme (8%) but I would think these could provide an extremely attractive entry point for either a big investor or a potential buyer if those shares became available for sale.
I am obviously prejudiced as this is one of our biggest holdings but it has been a real star and shows every sign that it will continue to be so.
Posted at 08/9/2023 11:47 by kalai1
ComputaCenter plc posted interims for the HY ended 30th June this morning. Revenue was up 26.8% to £3,584.9m, PBT was up 13.9% to £122.8m while EPS was up 13.7% to 76.5p. The Group is on course for its nineteenth year of uninterrupted full-year adjusted diluted earnings per share growth. The balance sheet remains solid with over £300m cash and net funds of £164.8m. Valuation is relatively attractive with forward PE ratio at 12.4x top quartile for the Software & IT Services sector. The fragile macro environment is the main cloud to the investment case, share price also lacks some momentum. CCC is a solid, growing and profitable company worth monitoring for the longer run, but is perhaps still a little early to be buying...

...from WealthOracle
Posted at 18/8/2023 14:45 by fuji99
I don't think this is specific to CCC or the sector itself. The downtrend is across the board and behaving as if the markets anticipate a possible correction. Software/IT, Miners, Retail and House builders are dropping everyday. If one looks at the performance of the S&P/DOW/Nasdaq over the last 10 years, it's logical to expect a correction at some point. This is without the outcome of Russia/Ukraine conflict, China possibly attempting invading Taiwan and the BRICS becoming an economic threat to the West. The markets horizon is becoming a big question mark.
Posted at 18/7/2023 14:30 by nk104
Well I've hitched aboard the CCC express at £21.35. Famous last words, but a PE of just over 12, a ROCE of over 20 per cent and net cash must be good.
Posted at 14/3/2023 15:55 by fuji99
Everyone seems to find some "material weaknesses in their reporting" - Of course, CCC is not WAND - Strangely everyone seem to be more careful even Credit Suisse - due to more scrutiny ?
Posted at 14/3/2023 11:39 by blippy3
@baodicea As a holder of CCC I hope you're right. But as the old adage goes: bad numbers take longer to add up than good ones.
Posted at 11/11/2022 12:25 by boadicea
A recession, two year or otherwise, can only be "confirmed" after it has happened.
Ah, so they mean they confirm that it is predicted ... and we know how accurate predictions can be!

That said, we do actually need a recession to free up some labour for the jobs that need doing and force us to face economic reality.

However, there is little sign of recession at CCC and the market now seems to be waking up to the value here.
Posted at 03/11/2022 12:22 by fuji99
Although long term CCC is sound, one has to be a bit careful as a 2 year recession is confirmed by the BoE.: - - -
Posted at 28/10/2022 09:33 by fuji99
A great company but won't be the exception when one looks at the US recent results:
The state of the world economy is starting to show via the US bellwethers. From Microsoft to Google/Amazon. The UK could be worse. So CCC won't escape the stagnation. Even CCC flagged up the slowdown next year.
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