Softcat plc (SCT) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

So good morning and welcome to the Softcat half-year results presentation. This is for the six months ended the 31st of January 2025. Thank you very much for joining and for your interest in the company. I'm Graham Charlton, Chief Executive, and I'm joined today by our CFO, Katie Mecklenburg, who you'll hear from shortly. Before I hand over to Katie, I'll begin with a quick reminder of who we are and what we do. Katie will then headline the results for the period. I'll come back after that and give you an update on the strategic progress that we've made in that time as well. So Softcat is the largest provider in the UK and Ireland of technology infrastructure solutions. This includes extensive capabilities across consultancy, implementation and other related services. Our market leading portfolio is incredibly well diversified, covering the breadth of cybersecurity, hybrid cloud infrastructure, networking, workplace technologies, and as well as data, AI, and automation. And we do all of this across hardware, software, and services. We currently have more than 2,600 employees, and our consistent strategic execution coupled with a disciplined long-term investment strategy has enabled us to grow our gross profit and operating profit by an annual average of more than 15% over the last decade. We work with all the biggest and best-known technology vendors globally, often as their largest or one of their largest partners in our domestic markets. And we are also regularly approached by new emerging vendors as a primary route into the lucrative and quickly growing UK and Ireland markets. This provides us with fantastic access and insight to the very latest in IT solutions and customer demand trends. The success and resilience of our business is demonstrated by the diversity ...