28th Aug 2025 09:43
(Alliance News) - Softcat PLC on Thursday said it traded well in the fourth quarter of its financial year that ended in late July.
The Buckinghamshire, England-based provider of IT infrastructure products and services said it expects to report high-teens growth in gross profit in the financial year ended July 31, and mid-teens growth in operating profit.
Further, it expects financial 2025 cash conversion towards the top end of its guided range of 85% to 95%, similar to 95.9% in financial 2024.
For the current financial year 2026, Softcat eyes double-digit gross profit growth and high single-digit operating profit growth.
The company will release financial 2025 results on October 22.
Softcat shares rose 5.2% to 1,645.82 pence each on Thursday morning in London.
By Tom Budszus, Alliance News slot editor
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