SCT Softcat Plc

TIDMSCT

RNS Number : 7542U

Softcat PLC

27 November 2019

27 November 2019

Softcat plc

Q1 2020 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 2019 ("the Period").

The Company has maintained strong momentum during the Period and has again delivered year-on-year growth in revenue, gross profit and operating profit.

Graeme Watt, Chief Executive Officer, commented:

"We've performed well during the first quarter of our new financial year. Customer numbers and gross profit per customer were both up on the prior period, and we again saw growth across all areas of technology and customer segments. We also successfully opened our new office in Birmingham in September and are excited about the contribution it can make over the long term. While it is still early in our new financial year, I'm confident we will achieve the goals we have set ourselves for 2020."

 
 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/Dwight 
  Burden                              +44 (0)20 3727 1000 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

TSTFEIFMMFUSEIF

(END) Dow Jones Newswires

November 27, 2019 02:00 ET (07:00 GMT)

Softcat (LSE:SCT)
Historical Stock Chart
From Apr 2024 to May 2024

Softcat (LSE:SCT)
Historical Stock Chart
From May 2023 to May 2024