UK's Softcat falls after flagging slower growth outlook for FY27
14/10/2026 08:25
BUZZ-UK's Softcat falls after flagging slower growth outlook for FY27 ** Shares of British IT firm Softcat SCTS.L down 3.3% at 1,803 pence
** Co expects to deliver high single-digit underlying operating profit growth in FY2027** Jefferies analysts say 2027 forecast would be one of the slowest growth performances in the last 10 years
** Analysts say investors are used to SCTS outperforming guidance, and investors will hope for more of the same organically in FY27
** Up to Tuesday's close, the stock had risen 35.8%
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))