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Softcat PLC on Wednesday said it performed well during its third quarter, with broad-based growth across all its technology segments as a result of strong and stable customer demand.
The company said it delivered double-digit growth against the previous year in revenue, gross profit and operating profit in the three months ended April 30. As a result, Softcat now expects operating profit for the full year to be slightly ahead of its previous expectations.
In its most recent full-year results, the company said it expected its operating profit performance in the year ahead to be in line with the record £119.4 million achieved in the year ended July 31.
Softcat noted that its supply chain situation remains challenging.
Softcat is an IT infrastructure and service provider based in Marlow, England.
Shares in the FTSE 250 company were up 4.5% at 1,408.00 pence each on Wednesday morning in London.
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