Q3 2022 Trading Update

RNS Number : 6599M

Softcat PLC

25 May 2022

Softcat plc

Softcat plc ("Softcat", or the "Company"), a leading UK provider of IT infrastructure technology and services, today publishes its trading update for the third quarter ended 30 April 2022 ("the Period").

The Company continued to perform well during the Period and delivered double-digit year-on-year growth in revenue, gross profit and operating profit. Growth was broad-based across all technology segments, reflecting strong and stable customer demand. The supply chain situation remains challenging but consistent with the first half.

The Board is pleased with the progress and, because of the strong income performance in the Period, now expects that operating profit for the full year will be slightly ahead of its previous expectations.

For further information, please contact:

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

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

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