REG - Softcat PLC - Year End Trading Update

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RNS Number : 9365W  Softcat PLC  28 August 2025

28 August 2025

Softcat plc

Year End Trading Update

 

Softcat plc ("Softcat", or the "Group"), a leading UK provider of IT
infrastructure technology and services, today publishes a trading update
(unaudited) for the financial year ended 31 July 2025.

 

Following the update provided on 28 May, the Group continued to trade well
during the fourth quarter, supported by further conversion of larger solutions
projects. As a result, the Board now expects to deliver high-teens growth in
full year gross profit and mid-teens growth in operating profit(1).  The
Group also remains highly cash generative, with FY2025 cash conversion(2)
expected to be towards the top end of our guided range of 85%-95%.

 

Looking ahead, Softcat remains well positioned to deliver further growth.
Excluding the significant incremental contribution from large projects in
FY2025, the Board expects to deliver low double-digit gross profit growth and
high single-digit operating profit growth in FY2026(3). Including the
significant incremental contribution from large deals in the comparative
period, this translates to reported rates of high single-digit gross profit
growth and low single-digit growth in operating profit.

 

Softcat's FY2025 preliminary results are scheduled for release on 22 October
2025.

 

 

(1 )Full year operating profit adjusted to remove non-underlying items,
including acquisition-related expenses such as the fair value of deferred
contingent consideration, and implementation costs of the new sales system.
FY2025 guidance remains on a consistent basis with that provided in previous
statements.

(2 )Cash conversion adjusted to remove the impact of non-underlying items and
acquisition-related cash flows.

(3)Operating profit excluding the significant incremental contribution from
large deals in FY2025 is c.£170m.

 

For further information, please contact:

Softcat plc

Graham Charlton, Chief Executive Officer
                                       + 44 (0)1628 403
610

Katy Mecklenburgh, Chief Financial Officer

Michael Watts, Head of Investor Relations

 

Media Enquiries ‐ FTI Consulting LLP

Ed Bridges/Matt Dixon
 
     + 44 (0)20 3727 1000

 

 

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