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Softcat PLC (SCTS.L)

SCTS.L on London Stock Exchange

803.00GBp
21 Sep 2018
Change (% chg)

7.00 (+0.88%)
Prev Close
796.00
Open
791.00
Day's High
803.00
Day's Low
781.00
Volume
1,408,126
Avg. Vol
277,529
52-wk High
888.00
52-wk Low
395.00

Latest Key Developments (Source: Significant Developments)

Softcat Says FY 2018 Adjusted Operating Profit Will Be Ahead Of Prior Expectations
Tuesday, 10 Jul 2018 02:00am EDT 

July 10 (Reuters) - Softcat PLC ::MARKET CONDITIONS HAVE BEEN VERY FAVOURABLE AND GROWTH AGAINST PRIOR YEAR HAS ACCELERATED.NOW EXPECTS THAT FULL YEAR 2018 ADJUSTED OPERATING PROFIT WILL BE MATERIALLY AHEAD OF ITS PRIOR EXPECTATIONS.  Full Article

Softcat Board confident that co will deliver FY results that are ahead of expectations
Wednesday, 23 May 2018 02:00am EDT 

May 23 (Reuters) - Softcat PLC ::BOARD IS CONFIDENT THAT COMPANY WILL DELIVER FULL YEAR RESULTS THAT ARE AHEAD OF EXPECTATIONS.  Full Article

Softcat Says Trading For Six Months To Jan. 31 strong ​
Tuesday, 6 Feb 2018 02:00am EST 

Feb 6 (Reuters) - Softcat Plc ::‍TRADING FOR SIX MONTHS TO 31 JANUARY 2018 HAS BEEN STRONG ACROSS ALL SEGMENTS AND AHEAD OF BOARD'S EXPECTATIONS​.  Full Article

Softcat says expectations for full year are unchanged​
Wednesday, 29 Nov 2017 02:00am EST 

Nov 29 (Reuters) - SOFTCAT PLC ::‍GOOD START TO FY18 AND OUR EXPECTATIONS FOR FULL YEAR ARE UNCHANGED​.  Full Article

Softcat says Graeme Watt to be appointed as new CEO
Monday, 13 Nov 2017 02:00am EST 

Nov 13 (Reuters) - SOFTCAT PLC ::GRAEME WATT TO BE APPOINTED AS NEW CEO.‍ANNOUNCES THAT GRAEME WATT IS TO JOIN BOARD AS CHIEF EXECUTIVE WITH EFFECT FROM 1 APRIL 2018​.  Full Article

Softcat Plc says FY ‍revenue up 23.8 pct to 832.5 mln stg
Wednesday, 18 Oct 2017 02:00am EDT 

Oct 18 (Reuters) - Softcat Plc ::SOFTCAT PLC - FY ‍REVENUE UP 23.8% TO £832.5M (2016: £672.4M)​.SOFTCAT PLC - FY ‍GROSS PROFIT UP 12.9% TO £136.3M (2016: £120.7M)​.SOFTCAT PLC - ‍FY GROSS PROFIT MARGIN DOWN 1.6% PTS TO 16.4% (2016: 18.0%)​.SOFTCAT PLC - ‍FY OPERATING PROFIT GROWTH OF 18.9% TO £50.2M (2016: £42.2M)​.SOFTCAT PLC - FY ‍ADJUSTED OPERATING PROFIT UP 10.1% TO £51.5M (2016: £46.8M)​.SOFTCAT PLC - ‍NET CASH POSITION AT YEAR END OF £61.6M, AFTER PAYMENT OF £40.9M DIVIDENDS DURING 2017​.SOFTCAT PLC - ‍FY CUSTOMER NUMBERS UP 6.0% TO 13,000 (2016: 12,200), GROSS PROFIT PER CUSTOMER GROWTH OF 6.5%, TO £10,500 (2016: £9,900)​.SOFTCAT PLC - ‍TOTAL DIVIDEND RELATING TO 2017 UP 15% TO 22.5P (2016: 19.5P)​.  Full Article

Softcat appoints CEO Hellawell as chairman
Wednesday, 24 May 2017 02:11am EDT 

May 24 (Reuters) - Softcat Plc :Softcat announces that Martin Hellawell has decided to step down as chief executive officer once a successor is in place.Board intends to appoint Martin to take over as non-executive chairman and martin has agreed to do so.Brian Wallace, currently non-executive chairman, would then retire from board.Search for new chief executive officer will be led by brian wallace and lee ginsberg, senior independent director.  Full Article

Softcat H1 adjusted operating profit up 9.4 pct
Wednesday, 22 Mar 2017 03:10am EDT 

Softcat Plc : H1 revenue of 378.5 million pounds versus 293.6 million pounds year ago . H1 adjusted operating profit of 21.4 million pounds versus 19.5 million pounds year ago . Says interim dividend of 2.9 pence per share to be paid on April 28, 2017 . Says board is confident of meeting its expectations for full year .Says trading in first six weeks of second half has been strong.  Full Article

UPDATE 1-UK's Softcat provides brighter profit view, shares rise

July 10 Britain's Softcat Plc said favourable market conditions would help its full-year adjusted operating profit be well ahead of its prior expectations, sending shares up more than 8 percent in early trading on Tuesday.