Q1 2027 Trading Update
Summary by AI BETAClose X
12 November 2026
Softcat plc
Q1 2027 Trading Update
Softcat plc (“Softcat”, or the “Group”), a leading international provider of IT infrastructure technology and services, today publishes its trading update for the first quarter ended 31 October 2026 (“the Period”).
The Group traded well during the Period, delivering strong double-digit year-on-year growth in gross profit and underlying operating profit. Growth continues to be broad-based across technology areas and customer segments. The Board is pleased with the Q1 performance, while recognising it is early in the financial year. Accordingly, the Group’s outlook remains unchanged from that provided in our full year results announcement.
The Group is making good progress towards completing the acquisition of GDT.
Graham Charlton, Chief Executive Officer, commented:
“We have made a strong start to the year, building on our FY2026 performance, with continued good customer demand and positive momentum across our broad technology proposition. Our trusted advice, technical capability and exceptional service are helping customers navigate the increasing complexity of IT infrastructure and to make disciplined investment decisions. We are focused on our strategic priorities and remain well positioned to deliver sustainable growth and further market share gains in a large and growing market.”
For further information, please contact:
Softcat plc
Graham Charlton, Chief Executive Officer + 44 (0)1628 403 610
Katy Mecklenburgh, Chief Financial Officer
Michael Watts, Head of Investor Relations
Media Enquiries ‐ FTI Consulting LLP
Ed Bridges/Matt Dixon + 44 (0)20 3727 1000
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