25 May 2022

Softcat plc

Q3 2022 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 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.