Com­puta­cen­ter shares tum­ble

Yorkshire Post - Business - - BUSINESS / NEWS -


Shares in Com­puta­cen­ter have plum­meted as the IT ser­vices provider re­ported fall­ing sales.

Over­all group rev­enue for the third quar­ter dropped 3 per cent to £900m, com­pared with strong growth of 20 per cent in the same pe­riod last year, but the firm said it re­mains con­fi­dent of gain­ing fur­ther market share.

Shares in the FTSE 250 com­pany plum­meted by as much as 20 per cent at the open, but had re­cov­ered slightly and were trad­ing 17 per cent lower at 1,044p. But an­a­lysts re­mained con­fi­dent in full-year fore­casts.

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