Softcat has provided an update saying that its fourth fiscal quarter is going well.
Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company manages technology for businesses and public sector organisations, such as software licensing, workplace technology, networking, security, and cloud and datacenter.
The update said: “Following a positive statement released on 20 May 2019 outlining a strong third quarter, the Company has continued to trade well during its fourth and typically largest financial quarter. As a result, the Board now expects that full-year operating profit will be ahead of its prior expectations.”
There are still a few days left in the firm’s fiscal year, which finishes on 31 July, with preliminary numbers for the full year expected out towards the end of October.
Softcat is just weeks away from opening its latest office in Birmingham as it expands is UK coverage.