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    Home > Finance > UK's Softcat lifts annual profit forecast for 3rd time in 6 months
    Finance

    UK's Softcat lifts annual profit forecast for 3rd time in 6 months

    Published by Global Banking & Finance Review®

    Posted on August 28, 2025

    2 min read

    Last updated: January 22, 2026

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    Quick Summary

    Softcat raises its profit forecast again due to AI and automation demand, boosting shares by 2.3% on the FTSE mid-cap index.

    Softcat Raises Annual Profit Outlook for Third Time in Six Months

    (Reuters) -British IT firm Softcat lifted its annual profit growth forecast for the third time in six months on Thursday, driven by execution of larger contracts in the fourth quarter.

    Shares rose 2.3% to 1,600 pence in morning trade and were among the top gainers on the FTSE mid-cap index.

    The IT services and infra provider is benefitting from a broader shift in customer spending, as rising corporate investment in artificial intelligence and automation fuels demand, helping the firm sustain growth beyond recurring and one-off projects.

    The company now estimates mid-teens percentage growth in operating profit for the year ended July 2025, compared with its earlier forecast of a low-teens percentage increase.

    Excluding the boost from major projects this year, Softcat expects its operating profit to grow at a high single-digit rate in fiscal year 2026.

    On average, analysts expect the company to post operating profit of 174.2 million pounds ($235.3 million) in fiscal 2025, rising to 188.9 million pounds in fiscal 2026, according to data compiled by LSEG.

    Softcat reported an operating profit of 154.1 million pounds in fiscal 2024.

    The Marlow-headquartered company is set to report its preliminary annual results on October 22.

    ($1 = 0.7402 pounds)

    (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sumana Nandy)

    Key Takeaways

    • •Softcat raises profit forecast for the third time in six months.
    • •Shares increase by 2.3% on FTSE mid-cap index.
    • •Growth driven by AI and automation investments.
    • •Mid-teens growth expected for fiscal year 2025.
    • •Preliminary results to be reported on October 22.

    Frequently Asked Questions about UK's Softcat lifts annual profit forecast for 3rd time in 6 months

    1What is Softcat's new profit growth forecast?

    Softcat now estimates mid-teens percentage growth in operating profit for the year ended July 2025, up from a previous forecast of low-teens percentage increase.

    2How did Softcat's shares perform recently?

    Shares rose 2.3% to 1,600 pence in morning trade, making them one of the top gainers on the FTSE mid-cap index.

    3What factors are driving Softcat's profit growth?

    The company is benefitting from a broader shift in customer spending, particularly due to rising corporate investment in artificial intelligence and automation.

    4When will Softcat report its annual results?

    Softcat is set to report its preliminary annual results on October 22.

    5What was Softcat's operating profit in fiscal 2024?

    Softcat reported an operating profit of 154.1 million pounds in fiscal 2024.

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