Directors Deals 

Softcat: Hellawells make £23m sale

Softcat: Hellawells make £23m sale

Things are looking good for Softcat’s (SCT) preliminary results, due in October. After a strong third-quarter trading update in May, the IT infrastructure group revealed in July that it had continued to perform “exceptionally well”, amid favourable market conditions. Management thus guided towards full-year adjusted operating profits “materially ahead” of its previous expectations. Unsurprisingly, perhaps, Softcat’s shares have climbed more than 120 per cent in the past 12 months.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now