Softcat PLC Pre Interim Results Trading Update (9796D)
February 06 2018 - 1:00AM
UK Regulatory
TIDMSCT
RNS Number : 9796D
Softcat PLC
06 February 2018
6 February 2018
Softcat plc
("Softcat", the "Company")
Pre Interim Results Trading Update
Softcat plc, a leading UK provider of IT infrastructure products
and services, updates on trading ahead of the announcement of its
interim results on 21(st) March 2018.
Trading for the six months to 31 January 2018 has been strong
across all segments and ahead of the Board's expectations.
Gross profit and adjusted operating profit([1]) for the six
months grew approximately 22% and 19%, respectively, reflecting
consistent performance across the period and further successful
execution of the strategy.
The nature of the Company's operations means that forward
visibility is relatively low. However, the strong H1 performance
will clearly support the full year outturn and as a result the
Board expects to slightly exceed previous expectations.
This announcement has been determined to contain inside
information.
Notes to Trading Update
([1]) Adjusted operating profit is defined as operating profit
before exceptional items and share-based payment charges.
For further information, please
contact:
Softcat plc
Martin Hellawell, Chief Executive + 44 (0)1628 403
Officer 610
Graham Charlton, Chief Financial
Officer
Media Enquiries -- FTI Consulting
LLP
Ed Bridges/Matt Dixon/Dwight
Burden + 44 (0)20 3727 1000
This information is provided by RNS
The company news service from the London Stock Exchange
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