SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE H impact

BUZZ — UK's Softcat falls after flagging slower growth outlook for FY27

* Shares of British IT firm Softcat 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)

SCTS.L

com, +919920570373)