Softcat PLC Q1 2024 Trading Update (8165U)
28 November 2023 - 6:00PM
UK Regulatory
TIDMSCT
RNS Number : 8165U
Softcat PLC
28 November 2023
28 November 2023
Softcat plc
Q1 2024 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 first quarter ended 31 October 2023 ("the
Period").
The Company performed well during the Period delivering
year-on-year double-digit gross profit growth from broad-based
demand. The Board is pleased with the progress to date which
continues to be in line with our expectations and the outlook set
at the full year results.
Graham Charlton, Chief Executive Officer, commented:
"I'm pleased to report that the team has once again delivered a
strong performance in the Period. The demand patterns were
consistent with what we saw in the second half of FY2023 with
interest in AI technology and the enabling infrastructure
continuing to build across the customer base. This is a very
exciting time for our industry and customers need more support than
ever with the business challenges they are facing. The breadth of
our offering enables us to fully engage with this opportunity."
For further information, please
contact:
Softcat plc
Graham Charlton, Chief Executive
Officer + 44 (0)1628 403 610
Katy Mecklenburgh, Chief Financial
Officer
Media Enquiries -- FTI Consulting
LLP
Ed Bridges/Matt Dixon + 44 (0)20 3727 1000
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