IT infrastructure firm Softcat said on Thursday that it now expected to deliver "high-teens growth" in full-year gross profits and "mid-teens growth" in FY operating profits as it continued to "trade well" during the fourth quarter, supported by further conversion of larger solutions projects.
Softcat
28 August 2025 07:50:19
Source: Sharecast
Softcat also said that it had remained "highly cash generative", with FY25 cash conversion expected to be towards the top end of its 85%-95% forecasts.
Looking ahead, the FTSE 250-listed group said it was "well positioned" to deliver further growth, stating that when excluding the "significant incremental contribution" from large projects in FY25, it expects to deliver low double-digit gross profit growth and high single-digit operating profit growth in FY26.
Including the contribution from large deals in the comparative period, Softcat said this translates to reported rates of "high single-digit" gross profit growth and "low single-digit" growth in operating profit.
Softcat will report its FY25 preliminary results on 22 October.
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