Softcat (SCT) Trading Update summary

Trading performance

• Achieved growth in both gross profit and operating profit for Q1 2025, reflecting strong trading momentum.

• Customer demand remained resilient, supported by a broad portfolio and diversified customer base.

• Performance aligns with the outlook for double-digit gross profit growth and high single-digit operating profit growth for FY2025.

Market and customer trends

• Customer demand trends have been consistent with the prior financial year.

• The company's expertise and comprehensive offering are valued by customers navigating complex IT needs.

Strategic outlook

• Management expresses confidence in maintaining momentum and capitalizing on market opportunities.

• The company's unique culture and capabilities are seen as key drivers for future growth.