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Softcat Confident In Delivering Annual Results Above Expectations

23rd May 2018 08:55

LONDON (Alliance News) - Softcat PLC said on Wednesday it expects to report annual results above expectations following a strong third quarter.

Shares in Softcat were up 8.9% at 720.08 pence on Wednesday, making it the best performer in the FTSE 250.

The IT infrastructure firm said it continued to trade well across all segments during the quarter ended April 30, with market conditions and customer demand both remaining strong. As a result, the FTSE 250-listed company said it is confident in delivering full-year results ahead of expectations.

"We continue to hit our goals across the business. We've achieved this through our high energy focus on winning new customers and selling more of our technology and services portfolio to existing customers," said Chief Executive Graeme Watt.


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