- Improved dividend off the back of strong cash conversion
- Supply chain increasing backlog of hardware
In Softcat’s (SCT) full-year results we predicted that it could be facing some tricky comparators compared with 2021. The shift to hybrid working highlighted the importance of up-to-date IT systems, which proved helpful for a company that provides a range of software, hardware and IT services. Given these comparators, the growth in the first half of this year is particularly impressive.