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
Attachments
Original document
Permalink
Disclaimer
Softcat plc published this content on 27 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 November 2019 07:07:06 UTC
Softcat plc is a United Kingdom-based provider of information technology (IT) solutions and services. The Company is an IT reseller and IT infrastructure solutions provider to the corporate and public sector markets. The Company helps commercial and public sector organizations design, procure, implement and manage their digital infrastructure. Its offers solutions, including virtual desktop and applications, supply chain operations, software licensing, security, IT asset management, lifecycle solutions, data center and private cloud, financial solutions, cloud, networking and connectivity, and others. It is engaged in designing, implementing and supporting a mix of private and public cloud, optimized for individual customer needs. It provides assessment services as well as implementing and managing solutions. It designs and implements tools and applications for business environments. The Company sells cloud computing solutions, which include Software as a Service (SaaS).