Softcat's shares climb on first results since IPO

Doug Woodburn
clock • 2 min read

Marlow reseller reveals it will enter FTSE 250 next week as it reports 10 per cent rise in sales, and gross profit ahead of expectations in first interim numbers as a public company

Softcat's share price pogoed six per cent this morning as the reseller unveiled a "strong" set of interim numbers, its first as a public company. The Marlow-based outfit also revealed it will en...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Top VARs: Softcat's Graham Charlton on playing the long game

Reseller

Known for its people-focused agenda, Marlow-based Softcat is putting its money where its mouth is, as CEO Graham Charlton emphasises

clock 02 April 2024 • 3 min read
Softcat H1 results: Profits up, revenue still down due to hardware sales

Reseller

While hardware sales continued to struggle, the reselling giant still managed growth in gross and operating profits and in gross invoiced income

clock 26 March 2024 • 3 min read
The channel firms named in the UK's best places to work 2024 list

Vendor

Softcat, Cisco, SAP and Dell make Glassdoor's annual list of top employers

clock 12 January 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance and M&A

MSP acquirer Evergreen buys second UK business with Digital Origins

MSP acquirer Evergreen buys second UK business with Digital Origins

The deal marks Evergreen's second expansion into the UK MSP market

Kelsey Rees
clock 08 April 2024 • 2 min read
Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

“We will revolutionise the way customers leverage data to connect and protect their organisation as we power the AI revolution”

Mark Haranas
clock 19 March 2024 • 6 min read
Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett, UK director at M&A consultancy Hampleton Partners, explores the impact of private equity on channel companies and their teams

Jonathan Simnett
clock 18 March 2024 • 5 min read