IN BRIEF: Softcat expects annual results in line with expectations

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Softcat PLC - Marlow, England-based IT infrastructure provider - Says it has performed well in the third quarter ended on April 30, delivering further year-on-year growth in gross invoiced income, gross profit and operating profit. Says it expects outturn for the full year ending on July 31 to be in line with its expectations. For financial 2022, pretax profit was £136.1 million on revenue of £1.08 billion.

Back in March, Softcat reported revenue of £512.4 million for the six months to January 31. Pretax profit was £63.1 million.

Current stock price: 1,334.00 pence each, up 0.7% on Tuesday morning in London

12-month change: down 7.4%

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