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Computacenter says it is keeping higher inventory levels to tackle product shortages

Computacenter says it is keeping higher inventory levels to tackle product shortages

Pedestrians walk on Waterloo Bridge in central London. (File photo: AFP/Niklas Halle'n)

British IT services firm Computacenter said on Monday (Jan 24) the group was carrying higher inventory than usual to tackle product shortages, and expects inventory levels to return to normal once supply constraints ease.

The company said it expects adjusted profit before tax for the year ended Dec 31 to be slightly more than £250 million (US$338.55 million). Computacenter reported an annual profit of £200.5 million pounds in 2020.

Source: Reuters/zl

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