Softcat PLC Q3 2017 Trading Update (0296G)

TIDMSCT

RNS Number : 0296G

Softcat PLC

24 May 2017

24 May 2017

Softcat plc

Q3 2017 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 2017 ("the Period").

The Company has continued to trade well during the Period, in line with management's expectations. Customer demand has been robust and costs were also well-managed during the Period.

Outlook

The Board remains confident that the Company will deliver a strong result for the full year.

Martin Hellawell, Chief Executive Officer, commented:

"Demand for IT infrastructure from both corporate and public sector customers remained strong during the Period and we saw no particular evidence of change to market dynamics, whether due to the beginning of the Brexit process or the upcoming General Election. The Company is well-positioned to deliver a successful outcome for the year and it's pleasing to see the breadth of our offering continue to grow in areas where there is both commercial opportunity and customer demand."

For further information, please contact:

 
 Softcat plc 
 Martin Hellawell, 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 1000 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 24, 2017 02:00 ET (06:00 GMT)