Softcat: Softcat shares purr after profits beat expectations

Shares in Softcat jumped as much as 12% in early London trade after the IT infrastructure supplier upgraded its full year earnings expectations. The Marlow-based business said it expects to deliver another year of double-digit gross profit growth in 2025, with operating profit growth now expected to be low double-digit, up from high single-digit previously. [...] The post Softcat shares purr after profits beat expectations appeared first on UKTN.