Softcat PLC - Buckinghamshire-based provider of IT infrastructure technology and services - In brief business update, Softcat says trading in the financial third quarter that ended April 30 was in line with expectations and consistent with the first half of the year, when revenue totalled £467.2 million. Company maintains financial 2024 guidance of double-digit growth in gross profit from 14% growth to £373.8 million in financial 2023. High single-digit operating profit growth is expected, compared to 3.5% growth to £140.9 million previously.

Current stock price: 1,701.00 pence

12-month change: up 26%

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