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26 May 2021 Softcat plc Q3 2021 Trading Update Softcat plc ( " Softcat ” , or the “ Company ” ) , a leading UK provider of IT infrastructure technology and services , today publishes its trading update for the third quarter ended 30 April 2021 ( " the Period " ) . The Company continued to trade well during the Period , building on the exceptional first half performance reported in March 2021. In Q3 we delivered further double - digit year - on - year growth in revenue , gross profit and operating profit , reflecting performance that was generally more broad- based than that seen in the first half . Run - rate transaction volumes strengthened in the latest period and cash collections and conversion have remained good , in line with normal trends . Consequently , the Board anticipates that results for the full year ending 31 July 2021 will be ahead of expectations . Looking further ahead , and as analysts and investors begin to model for future years , the Board notes two key features that will affect FY22 forecasts . First and most significantly , cost savings related to Covid are expected to reverse as we enter the next financial year and travelling to see customers and internal events again become possible . Secondly , the first half of FY21 contained a number of the largest deals the Company has ever transacted , significant elements of which were one - off in nature . These two factors combine to contribute c . £ 12m to EBIT in FY21 , the majority of which was seen in the first half . We remain confident of the road ahead and expect to see further growth on normalised EBIT in FY22 , likely to result in reported EBIT being broadly in line with the upgraded performance now anticipated for FY21 . For further information , please contact : Softcat plc Graeme Watt , Chief Executive Officer Graham Charlton , Chief Financial Officer Media Enquiries - FTI Consulting LLP Ed Bridges / Matt Dixon +44 ( 0 ) 1628 403 610 +44 ( 0 ) 20 3727 1000