Softcat (SCT) Trading Update summary

Trading performance

• Achieved strong double-digit year-on-year growth in both gross profit and operating profit, reflecting robust business momentum.

• Growth was broad-based, spanning multiple technology areas and customer segments, indicating diversified demand.

• Conversion of several larger solutions projects contributed significantly to the period's results.

Outlook and guidance

• Full-year operating profit growth is now expected in the low teens percentage range, an upgrade from the previous low double-digit guidance.

• Guidance is based on operating profit adjusted for non-underlying items, maintaining consistency with prior statements.

Board commentary

• The Board expressed satisfaction with progress, attributing improved outlook to larger deal contributions.