1113 GMT - Softcat's interim results and outlook reinforce confidence in the company's business model, Shore Capital analyst Martin O'Sullivan writes in a note. The IT-infrastructure company benefits from a diversified approach and strong execution, the analyst says. The London-listed company's ability to navigate industry challenges while expanding market share emphasizes the resilience and scalability of its business strategy, O'Sullivan adds. "This strong foundation paves the way for further positive developments and expansion even if gross domestic product growth remains in the doldrums," he says. Shares are up 13% at 1,834 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
March 19, 2025 07:14 ET (11:14 GMT)
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