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Softcat PLC (SCTS.L)

SCTS.L on London Stock Exchange

949.50GBp
17 Jul 2019
Change (% chg)

3.50 (+0.37%)
Prev Close
946.00
Open
946.50
Day's High
949.50
Day's Low
946.50
Volume
3,086
Avg. Vol
332,801
52-wk High
1,001.00
52-wk Low
550.30

Latest Key Developments (Source: Significant Developments)

Softcat posts 30 pct rise in revenue, trading 'encouraging'
Wednesday, 17 Oct 2018 

Oct 17 (Reuters) - Softcat PLC ::FY REVENUE UP 29.9% TO £1,081.7M (2017: £832.5M).ADJUSTED OPERATING PROFIT UP 36.9% TO £70.5M (2017: £51.5M).OUR LONG-TERM STRATEGY OF GROWTH THROUGH SUSTAINED INVESTMENT MEANS WE REMAIN WELL-POSITIONED TO KEEP PACE WITH ACCELERATING NEEDS OF CUSTOMERS.DESPITE CURRENT POLITICAL AND ECONOMIC UNCERTAINTY, AND NOTWITHSTANDING TOUGH COMPARATIVE FIGURES, WE ARE CONFIDENT OF ACHIEVING FURTHER PROFITABLE GROWTH IN 2019.TRADING IN FIRST TEN WEEKS OF NEW FINANCIAL YEAR HAS BEEN ENCOURAGING.  Full Article

Softcat Says FY 2018 Adjusted Operating Profit Will Be Ahead Of Prior Expectations
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Softcat PLC ::MARKET CONDITIONS HAVE BEEN VERY FAVOURABLE AND GROWTH AGAINST PRIOR YEAR HAS ACCELERATED.NOW EXPECTS THAT FULL YEAR 2018 ADJUSTED OPERATING PROFIT WILL BE MATERIALLY AHEAD OF ITS PRIOR EXPECTATIONS.  Full Article

Softcat Board confident that co will deliver FY results that are ahead of expectations
Wednesday, 23 May 2018 

May 23 (Reuters) - Softcat PLC ::BOARD IS CONFIDENT THAT COMPANY WILL DELIVER FULL YEAR RESULTS THAT ARE AHEAD OF EXPECTATIONS.  Full Article

Softcat Says Trading For Six Months To Jan. 31 strong ​
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Softcat Plc ::‍TRADING FOR SIX MONTHS TO 31 JANUARY 2018 HAS BEEN STRONG ACROSS ALL SEGMENTS AND AHEAD OF BOARD'S EXPECTATIONS​.  Full Article

Softcat says expectations for full year are unchanged​
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - SOFTCAT PLC ::‍GOOD START TO FY18 AND OUR EXPECTATIONS FOR FULL YEAR ARE UNCHANGED​.  Full Article

Softcat says Graeme Watt to be appointed as new CEO
Monday, 13 Nov 2017 

Nov 13 (Reuters) - SOFTCAT PLC ::GRAEME WATT TO BE APPOINTED AS NEW CEO.‍ANNOUNCES THAT GRAEME WATT IS TO JOIN BOARD AS CHIEF EXECUTIVE WITH EFFECT FROM 1 APRIL 2018​.  Full Article

Softcat Plc says FY ‍revenue up 23.8 pct to 832.5 mln stg
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Softcat Plc ::SOFTCAT PLC - FY ‍REVENUE UP 23.8% TO £832.5M (2016: £672.4M)​.SOFTCAT PLC - FY ‍GROSS PROFIT UP 12.9% TO £136.3M (2016: £120.7M)​.SOFTCAT PLC - ‍FY GROSS PROFIT MARGIN DOWN 1.6% PTS TO 16.4% (2016: 18.0%)​.SOFTCAT PLC - ‍FY OPERATING PROFIT GROWTH OF 18.9% TO £50.2M (2016: £42.2M)​.SOFTCAT PLC - FY ‍ADJUSTED OPERATING PROFIT UP 10.1% TO £51.5M (2016: £46.8M)​.SOFTCAT PLC - ‍NET CASH POSITION AT YEAR END OF £61.6M, AFTER PAYMENT OF £40.9M DIVIDENDS DURING 2017​.SOFTCAT PLC - ‍FY CUSTOMER NUMBERS UP 6.0% TO 13,000 (2016: 12,200), GROSS PROFIT PER CUSTOMER GROWTH OF 6.5%, TO £10,500 (2016: £9,900)​.SOFTCAT PLC - ‍TOTAL DIVIDEND RELATING TO 2017 UP 15% TO 22.5P (2016: 19.5P)​.  Full Article

UPDATE 1-Softcat sees FY "marginally" above expectations, adds more customers

March 19 Softcat Plc said on Tuesday its full-year results would be "marginally" ahead of expectations after a surge in new customers helped the British IT company report a jump in interim revenue.