Softcat makes £800 million

cat-at-laptop-275Even while it hunts for a new CEO Softcat is making piles of dosh.

Softcat’s shares were up in early trading this morning as it announced that sales were up by nearly a quarter in its first full year of trading as a public company.

Revenues for the 12 months ended 31 July 2017 rose by 24 percent to £832.5 million, which the Marlow-based reseller thanks to winning 800 new customers and selling more to

Adjusted operating profit grew by 10.1 percent to hit £51.5 million.

Softcat CEO Martin Hellawell announced this summer that he is to step back into the non-executive chairman role, and in this morning’s stock exchange announcement, the firm said its hunt for a new CEO “is progressing”.