Softcat eyes double-digit gross profit annual growth as hails trade

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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.

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