REG - Softcat PLC - Q3 2026 Trading Update

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RNS Number : 3585F  Softcat PLC  22 May 2026

22 May 2026

Softcat plc

Q3 2026 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 2026.

 

The Group continued to perform well during the quarter, delivering strong
double-digit year-on-year growth in gross profit and underlying operating
profit. Growth remains broad-based with particular strength in corporate,
supported by customer demand for AI-enabled infrastructure and continued pull
forward of some orders due to memory shortages. The Board is pleased with
progress to date and now expects mid-teens growth in underlying operating
profit for the full year, up from high single-digit previously.

 

Looking further ahead, the Board is encouraged by the momentum in the business
and prospects for continued market share gains, while recognising the
uncertainty caused by the ongoing memory shortages and macroeconomic
environment.

 

Graham Charlton, Chief Executive Officer, commented:

 

"We have continued to see strong customer demand, with the impact of AI on
technology driving investment and innovation across all elements of IT
infrastructure. Our uniquely broad offering brings together specialisms from
the datacentre to the edge, through the network, security, data and automation
layers, and across hardware, software and services, spanning the design,
implementation, management, support and optimisation of new solutions. This
puts us in a strong position to help customers as technology platforms become
more complicated and integrated in an age of significant change. With more
than 10,000 customers, our experience from the mid-market all the way through
to large and complex customers in highly specialised industries, gives us an
unrivalled depth of expertise to draw on just when CIOs and IT managers need
that help and insight most."

 

 

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

 

 

This announcement has been determined to contain inside information. The
responsible individual for insider information at Softcat plc is Luke Thomas
(Company Secretary).

 

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