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Softcat Expects Results Ahead Of Previews Views After Strong Growth

20th May 2019 08:13

LONDON (Alliance News) - Softcat PLC on Monday said it expects its annual results to be "slightly ahead" of previous expectations, as trading in the quarter to the end of April was strong.

The FTSE 250-listed IT infrastructure provider said it continued to preform well in the three months to April 30, delivering "strong year-on-year growth" across all income and profit measures.

"Performance drivers remained broad-based, with different technology areas and customer segments all showing growth," Softcat said.

The company added that progress towards the opening of a new office in Birmingham is "well advanced". It expects the opening to occur early in the next financial year.

Softcat shares were trading up 0.6% at 945.50 pence each early Monday morning.


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Softcat
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