Softcat PLC Q1 2019 Trading Update (6792I)
November 28 2018 - 2:00AM
UK Regulatory
TIDMSCT
RNS Number : 6792I
Softcat PLC
28 November 2018
28 November 2018
Softcat plc
Q1 2019 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 2018 ("the
Period").
Customer demand has remained strong across all segments during
the Period and the Company has again delivered year-on-year growth
in revenue, gross profit and operating profit.
Softcat continues to invest in building scale and developing its
offering and the Irish office, opened during the Period, has
started well.
Graeme Watt, Chief Executive Officer, commented:
"We've traded well during the first quarter of our new financial
year and, whilst there's still a long way to go, we're pleased with
performance so far and are exactly where we'd want to be at this
stage.
The Company has grown both customer numbers and gross profit per
customer during the Period, in line with our simple strategy. The
breadth and depth of our offering, together with the scale and
diversity of our customer relationships, remain key strengths upon
which we continue to build and during the Period we saw good growth
across all customer and technology segments.
Our second quarter has started well and I'm confident we will
meet the Board's expectations for the year."
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
TSTFEEFMWFASEIF
(END) Dow Jones Newswires
November 28, 2018 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