Half Year Results 

Softcat to beat full-year expectations

Softcat to beat full-year expectations

IT infrastructure specialist Softcat (SCT) notes that it operates in a “large and fragmented” industry, rendering the future growth opportunity “just as strong as ever”. Lending weight to this sentiment, management now expects the full-year outcome for 2019 to be “marginally ahead of previous expectations”. Such optimism is underpinned by solid numbers for the six months to 31 January 2019, during which Softcat won 620 new customers – up from 600 a year earlier – lifting total customers by 6.5 per cent. Gross profit per customer grew by 18.7 per cent, up from 14.5 per cent last year.

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