Softcat sees FY operating profit 'slightly ahead' of expectations

IT services provider Softcat on Wednesday said annual operating profit would be slightly ahead of expectations after a strong third quarter.

The company said it delivered double-digit year-on-year growth in revenue, gross profit and operating profit in the three months to April 30 across all technology segments, “reflecting strong and stable customer demand”. The supply chain situation remains challenging but consistent with the first half, Softcat added.