Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Softcat expects full-year profit ahead of expectations

In a trading update for the year ending July 31, the FTSE 250-listed firm said that marketing conditions have been very favourable and growth against prior year has accelerated
keyboard
Softcat said its preliminary results are scheduled for release on 17 October 2018

Softcat PLC (LON:SCT), UK provider of IT Infrastructure products and services, has announced that it “has continued to perform exceptionally well” and expects profit to be ahead of expectations.

In a trading update for the year ending July 31, the FTSE 250-listed firm said that marketing conditions have been very favourable and growth against prior year has accelerated.

READ: Softcat earns top billing as investors recognise the opportunity

 As a result, the company said the board now expects that full-year 2018 adjusted operating profit will be materially ahead of its prior expectations.

Softcat said its preliminary results are scheduled for release on 17 October 2018. 

View full SCT profile View Profile

Softcat Timeline

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use