Softcat hails good start to year, says demand still strong

Softcat hailed a solid start to the year on Wednesday as it reiterated its full-year expectations.

In a trading update for the first quarter to the end of October, the company, which provides IT infrastructure technology and services, said demand has remained strong across all segments and it has delivered profitable growth.

The group said it continues to focus on building scale and developing the offering. It has opened its seventh branch during the period, located on the South Coast.

Chief executive Martin Hellawell said: "It's still early days but we are pleased with our good start to FY18 and our expectations for the full year are unchanged. Demand from our customers continues to be strong and we are well-positioned to deliver solutions across their evolving IT infrastructure requirements."