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Softcat PLC - Q3 2020 Trading Update

RNS Number : 8320N
Softcat PLC
26 May 2020
 

26 May 2020

 

Softcat plc

 

Q3 2020 trading update

 

Softcat plc ("Softcat", or the "Company"), a leading UK provider of IT infrastructure products and services, today releases a trading update for the quarter ended 30 April 2020 ("the Period").

 

The Company has traded satisfactorily during the period and delivered growth in revenue, gross profit and operating profit.  Cash receipts from customers have remained broadly in line with normal trends.

 

There remains a high degree of uncertainty in the coming months and Softcat is not immune to the challenges faced by the wider economy.  However, we have moved seamlessly to a remote working model and the Board is encouraged by the resilience of the business thus far.

 

 

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) 203 727 1017

 


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Quick facts: Softcat

Price: 1375

Market: LSE
Market Cap: £2.73 billion
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