Softcat's full year results to July show profits up 17.5% to £120.7m (2015: £102.8m), and gross profit margin up 0.8% pts to 18.0% (2015:, 17.2%), although gross profit includes the benefit of a one-off procurement saving of £3.4m (2015: nil).
Customer numbers were up 7.5% on prior year (2015: 6.5%) as average headcount rose 21%, driven by record sales and service staff recruitment, assisted by the launch of a Glasgow operation.
Martin Hellawell, Softcat CEO commented: "We are pleased to report continued strong organic growth at Softcat with 12.8% revenue growth, 17.5% growth in gross profit and 15.2% growth in adjusted operating profit, achieved against a backdrop of very modest growth in the UK economy which has equally been reflected in the IT market."