Softcat Stock - Q3 trading update lifts full-year profit outlook
18.06.2026 - 19:07:10 | ad-hoc-news.de
Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 19:03 CET. Details in the imprint.
Softcat (GB00BYZ2B577) raised its full-year outlook for underlying operating profit growth after reporting a strong third quarter for fiscal 2026. According to a Q3 2026 trading update published on 06/18/2026, management now expects mid-teens growth, up from a previous high single-digit range.
All news and analysis on Softcat stock
Key releases, chart data and background on Softcat are available in the ad hoc news topic overview and on the company’s investor-relations pages.
What the Q3 update says
In its Q3 2026 trading update, Softcat described the quarter as strong, with double-digit year-on-year growth in both gross profit and underlying operating profit. Management cited robust demand for AI-enabled infrastructure as a key growth driver.
The company also noted some order pull-forward, particularly in higher-specification infrastructure, as customers responded to ongoing memory shortages. Despite this, Softcat said momentum across the business remained encouraging into the final quarter of the fiscal year.
Chart picture on a Thursday
Softcat shares trade on the London Stock Exchange under the ticker SCTS. On 06/18/2026, the stock changed hands around 1,806.47 GBp in intraday dealings, within a daily range between roughly 1,795.00 GBp and 1,812.10 GBp.
Against this backdrop, the price action has been orderly, with no outsized moves reported alongside the trading update. Overall, Thursday’s session reflects a relatively stable reaction, consistent with a market that had already priced in robust operational performance.
How the company makes money
Softcat is a UK-based IT infrastructure and services provider focused on corporate and public-sector customers. The company generates revenue by supplying hardware, software and cloud solutions, and by delivering related services such as managed support, security, networking and data center modernization projects.
Where the stock trades today
Softcat shares (GB00BYZ2B577) trade on the London Stock Exchange at 1,806.47 GBp as of 06/18/2026, 17:00 BST.
Key facts on Softcat stock
- Company: Softcat plc
- ISIN: GB00BYZ2B577
- WKN: A14KRZ
- Ticker: SCTS
- Venue: London Stock Exchange
- Price (as of 06/18/2026, 17:00 BST): 1,806.47 GBp
- Market cap: 3,82 billion GBP (as of 06/18/2026)
- Sector / Industry: Information Technology / IT Services
- Index membership: FTSE 250
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
