REG - Softcat PLC - Q3 2025 Trading Update

SoftcatAnnouncement

28/05/2025 07:00

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RNS Number : 3015K  Softcat PLC  28 May 2025

28 May 2025

Softcat plc

Q3 2025 Trading Update

 

Softcat plc ("Softcat", or the "Group"), a leading UK provider of IT
infrastructure technology and services, today publishes its trading update for
the third quarter ended 30 April 2025 ("the Period").

 

The Group continued to perform well during the Period, delivering strong
double-digit year-on-year growth in gross profit and operating profit. Growth
remains broad-based across technology areas and customer segments, supported
by the conversion of some larger solutions projects in the Period.

 

The Board is pleased with progress to date and, reflecting the contribution
from larger deals, now expects low-teens growth in operating profit 1 
(#_edn1) for the full year, up from low double-digit previously.

 

 

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

 

 

 1  (#_ednref1) 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.

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