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Softcat upgrades 2021 guidance; warns of pressures on earnings in 2022 | 26 May 2021

26 May 2021 | 07:21am StockMarketWire.com - IT group Softcat upgraded its annual earnings guidance after it achieved double-digit revenue growth in the third quarter, though it also warned of a flat performance in the following financial year. Softcat said it now expected results for the year through July to be ahead of expectations. The company delivered further double-digit year-on-year growth in revenue, gross profit and operating profit in the three months through April. The improvements re...
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Strong earnings, Vectura boost British midcaps

By Reuters Staff 2 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * FTSE 100 up 0.2%, FTSE 250 adds 0.5% May 26 (Reuters) - London’s FTSE 250 index edged higher on Wednesday, boosted by Marks & Spencer and Softcat Plc following positive earnings updates, while Vectura Group topped the mid-cap index after agreeing a takeover by The Carlyle Group. The domestically focused mid-cap index advanced 0.5%. Vectura Group surged 31....
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