REG - Softcat PLC - Q1 2024 Trading Update

SoftcatAnnouncement

28/11/2023 07:00

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RNS Number : 8165U  Softcat PLC  28 November 2023

28 November 2023

 

Softcat plc

 

Q1 2024 Trading Update

 

 

Softcat plc ("Softcat", or the "Company"), a leading UK provider of IT
infrastructure technology and services, today publishes its trading update for
the first quarter ended 31 October 2023 ("the Period").

 

The Company performed well during the Period delivering year-on-year
double-digit gross profit growth from broad-based demand.  The Board is
pleased with the progress to date which continues to be in line with our
expectations and the outlook set at the full year results.

 

Graham Charlton, Chief Executive Officer, commented:

 

"I'm pleased to report that the team has once again delivered a strong
performance in the Period.  The demand patterns were consistent with what we
saw in the second half of FY2023 with interest in AI technology and the
enabling infrastructure continuing to build across the customer base.  This
is a very exciting time for our industry and customers need more support than
ever with the business challenges they are facing.  The breadth of our
offering enables us to fully engage with this opportunity."

 

 

 For further information, please contact:

 Softcat plc
 Graham Charlton, Chief Executive Officer       + 44 (0)1628 403 610
 Katy Mecklenburgh, Chief Financial Officer

 Media Enquiries ‐ FTI Consulting LLP
 Ed Bridges/Matt Dixon                          + 44 (0)20 3727 1000

 

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