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Softcat PLC on Tuesday reported ‘encouraging’ progress in its financial first quarter, with growth broad-based across the business. The Buckinghamshire, England-based provider of IT infrastructure products said the group traded well during the three months ending October 31, delivering strong double-digit year-on-year growth in gross profit and underlying operating profit. Growth continues to be broad-based across technology areas and customer segments, the company noted. ‘The board is pleased with progress to date, which is consistent with the outlook provided in our full year results announcement,’ Softcat added. Chief Executive Officer Graham Charlton was pleased with the ‘further encouraging progress’ in the period. ‘The sustained investment behind our strategic priorities strengthens our ability to address the increasingly complex needs of customers and deliver on the significant growth opportunities ahead,’ he added. Shares in Softcat fell 1.7% to 1,425.00 pence each on Tuesday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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