Softcat (SCT)

Sector:

IT Services

Index:

FTSE 250

1,820.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 1,855.00p
  • 52 Week Low: 1,451.00p
  • Currency: UK Pounds
  • Shares Issued: 199.94m
  • Volume: 104,698
  • Market Cap: £3,638.86m
  • RiskGrade: 559
  • Beta: 0.01

Softcat first-quarter trading in line, customer demand 'resilient'

By Michele Maatouk

Date: Wednesday 20 Nov 2024

LONDON (ShareCast) - (Sharecast News) - IT infrastructure and services provider Softcat said on Wednesday that first-quarter trading was in line with guidance.
In a brief update, the company said it performed "well" during the period, delivering further growth in gross profit and operating profit.

Softcat said customer demand remains "resilient, supported by our broad portfolio offering and well-diversified customer base".

It said the progress to date was consistent with the outlook provided in its full-year results, for double-digit gross profit growth and high single-digit operating profit growth in FY2025.

Chief executive Graham Charlton said: "I'm pleased to report another positive performance in the Period. As expected in the year to date, customer demand trends have remained largely consistent with those seen in the prior financial year.

"The breadth and depth of our offering, together with our wealth of expertise, is proving invaluable to customers in an increasingly complex IT landscape. I'm confident that our unique culture and capabilities will enable us to continue building on the current momentum in the business and successfully execute on the significant opportunity we see across our markets."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Softcat Market Data

Currency UK Pounds
Share Price 1,820.00p
Change Today 4.00p
% Change 0.22 %
52 Week High 1,855.00p
52 Week Low 1,451.00p
Volume 104,698
Shares Issued 199.94m
Market Cap £3,638.86m
Beta 0.01
RiskGrade 559

Softcat Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.16% below the market average98.16% below the market average98.16% below the market average98.16% below the market average98.16% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Price Trend
67.65% above the market average67.65% above the market average67.65% above the market average67.65% above the market average67.65% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Income
71.78% below the market average71.78% below the market average71.78% below the market average71.78% below the market average71.78% below the market average
18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average
Growth
22.04% below the market average22.04% below the market average22.04% below the market average22.04% below the market average22.04% below the market average
51.28% below the sector average51.28% below the sector average51.28% below the sector average51.28% below the sector average51.28% below the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 7
Sell 0
Strong Sell 3
Total 16
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Softcat Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Apr-25 07-Nov-24
Paid 21-May-25 17-Dec-24
Amount 8.90p 18.10p

Trades for 06-Jun-2025

Time Volume / Share Price
16:23 0 @ 1,812.00p
16:23 0 @ 1,812.00p
15:59 0 @ 1,817.00p
15:59 0 @ 1,817.00p
15:37 3 @ 1,822.00p

Softcat Key Personnel

CEO Graham Charlton
CFO Kathryn Mecklenburgh

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