Softcat PLC Q1 2021 Trading Update (3348F)
November 16 2020 - 1:00AM
UK Regulatory
TIDMSCT
RNS Number : 3348F
Softcat PLC
16 November 2020
16 November 2020
Softcat plc
Q1 2021 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 2020 ("the
Period").
The Company performed well during the Period and delivered
year-on-year growth in revenue, gross profit and operating profit
while also achieving its recruitment targets. Cash generation has
remained in line with normal trends. The Board is pleased with the
results to date and notes further positive momentum heading into
the second quarter.
Graeme Watt, Chief Executive Officer, commented:
"We've performed well during the first quarter and saw good
results from both corporate and public sector segments but are
mindful that there is still a long way to go. We remain focussed on
the wellbeing of our people and supporting our customers."
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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