Source: Sharecast
In the year to the end of December 2025, adjusted pre-tax profit rose 7.1% to £272m on revenue of £9.2bn, up 32% on the previous year. Gross invoiced income grew 31% to £13bn.
Revenue in Technology Sourcing rose 41% to £7.5bn, while the services segment saw a 3.2% increase to £1.7bn.
The company pointed to another record performance in North America, driven by growth in enterprise and hyperscale customers, as it continued to take market share, with operating profits nearly doubling.
As at 31 December 2025, the product order backlog was £7.1bn, up 200.3% year-on-year in constant currency, driven by continued strong Technology Sourcing order intake in North America and the UK.
The final dividend was increased by 7.6%, taking the total dividend for the year to 74.6p a share, up 5.5%.
Chief executive Mike Norris said: "North America had an outstanding year with both enterprise and hyperscale customers, leading to profits nearly doubling and now accounting for nearly 40% of the Group. The UK was back to growth, and Germany's better second half performance was supported by a recovery in the public sector towards the end of the year. We have plans in place to improve our performance in France after a disappointing year.
"We are well-placed for further strategic and financial progress in 2026, entering the year with a record number of major customers, a strong product order backlog, which has increased across all our geographies, and a clear focus on helping our customers realise the transformative benefits of IT."