**Summary of Softcat PLCs Preliminary Results for the Year Ended 31 July 2025**
Softcat PLC, a leading UK provider of IT infrastructure products and services, reported another year of record performance for the fiscal year ended 31 July 2025. The company achieved significant growth across key financial metrics, driven by strong demand for its services and successful strategic execution.
**Financial Highlights**
**Gross Invoiced Income (GII)** Increased by 26.8% to £3,617.0 million, reflecting strong performance across technologies and customer segments.
**Gross Profit** Grew by 18.3% to £494.3 million, driven by continued strength in the base business and larger solutions projects.
**Underlying Operating Profit** Rose by 16.9% to £180.1 million, supported by operational efficiency and strategic investments.
**Revenue** Increased by 51.5% to £1,458.4 million, primarily due to strong hardware sales and larger solutions projects.
**Underlying Basic Earnings Per Share (EPS):** Increased by 16.4% to 69.5p.
**Dividends** Total ordinary dividend increased by 10.2% to 29.3p per share, with a final ordinary dividend of 20.4p and a special dividend of 16.1p.
**Key Achievements**
**Record Performance** Softcat achieved 20 consecutive years of double-digit gross profit growth, highlighting its consistent performance and resilience.
**Strategic Acquisitions** Completed the acquisition of Oakland, a data and AI consultancy, enhancing capabilities in a high-demand area.
**Investment in Growth** Significant investments were made in IT, data, digital projects, sales systems, HR systems, office network, and people to support future growth.
**Customer Satisfaction** Maintained high customer satisfaction with a 98% score and a net promoter score of 64, reflecting strong customer relationships.
**Operational and Strategic Developments**
**Technology Proposition** Simplified and evolved the technology proposition to better serve customers and vendors, with a focus on modern IT infrastructure components.
**Vendor Management** Enhanced the UK vendor management framework to align with growth strategy and technology proposition.
**International Expansion** Continued to serve multinational customers, with a growing presence in Europe, APAC, and the USA.
**People and Culture** Focused on maintaining a strong culture, with initiatives to promote inclusivity, sustainability, and employee engagement.
**Outlook**
**FY2026 Guidance** Softcat expects low double-digit gross profit growth and high single-digit underlying operating profit growth, excluding the significant contribution from large projects in FY2025.
**Large Projects** Anticipates that large projects will contribute significantly to growth in the first half of FY2026, making underlying operating profit growth first-half weighted.
**Leadership Comments**
Graham Charlton, Softcat CEO, emphasized the companys strong performance, strategic investments, and commitment to customer success. He highlighted the acquisition of Oakland as a key step in enhancing data and AI capabilities and expressed confidence in Softcats ability to address complex customer needs in a rapidly evolving IT landscape.
**Conclusion**
Softcat PLCs preliminary results for FY2025 demonstrate robust financial performance, strategic growth initiatives, and a strong focus on customer and employee satisfaction. The company is well-positioned to continue its growth trajectory, leveraging its expanded capabilities and market opportunities.