Company Announcements

Softline Holding plc

("Softline" or the "Company") 

Softline publishes Annual Report for FY2021 ending 31 March 2022

29 July 2022, London, UK - Softline Holding PLC [SFTL, US83407L2079] (Softline, Softline Group, the Group, or the Company), the Cyprus registered global IT and digital transformation solutions provider headquartered in London and operating in almost 60 countries, publishes its Annual Report for FY2021 ending 31 March 2022.

Following the release on 7 July, 2022 of the company's audited consolidated financial results for FY2021 ended 31 March 2022, a copy of the Annual Report and letter to shareholders can be accessed here: https://softline.com/investor-relations/results-presentations

Jacques Guers, Chairman of the Board of Directors of Softline Group, said:

"We delivered outstanding results in FY2021 during a period of unprecedented change in our market. This performance reflects the hard work, disciplined execution, and dedication of our 8,400 talented Softliners around the world who are focused on creating consistent value for our customers - while we also deliver on our commitments for all other stakeholders, including shareholders, vendor-partners, and employees."

Roy Harding, Chief Executive Officer of Softline Group, noted:

"Softline is a story of growth, and FY2021 was a year of significant milestones for Softline. It is a little over six months since we became a public company and, in that short space of time, we have made bold moves to drive our business forward - both at speed and at scale, resulting in significant achievements which deliver on the promises we made to the market. We are operating at scale with $2.2B of turnover this year, delivering solutions and services for our customers in almost 60 countries. Customers and vendors need a trusted global partner to help drive digital transformation, and Softline is exceptionally well positioned to do just that."

Additional Information

Softline's related supporting materials, including the latest company factsheet, investor presentation, and preliminary trading update published on 24 May 2022, can be accessed in the Investor Relations section of Softline.com https://softline.com/investor-relations/results-presentations. 

In July 2022 Softline announced its intention to demerge its Russian business from its non-Russian global operation. Further information on this announcement and the process can be found here.

An electronic copy of the Annual Report has been submitted to the National Storage Mechanism and will shortly be available at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Contacts

Steven Salter                                     Alexandra Melnikova

Global Investor Relations VP            IR Director

IR@softline.com                                IR@softline.com

Rocio Herraiz                                     Eve Frayling                                                  

Global Head of Communications      Media                                                 

Rocio.herraiz@softline.com              Softline@pagefield.com

About Softline

Softline is a leading global solutions and services provider in digital transformation and cybersecurity, with its headquarters in London. The company enables, facilitates and accelerates the digital transformation of its customers' businesses, connecting over 150,000 organizations from all industries with over 6,000 best-in-class IT vendors, and delivering its own services and solutions.  Foundation of Softline's growth is so-called three-dimensional strategy, which includes geographic, portfolio and sales channel expansion. This strategy is supported by energetic M&A activity, so Softline is benefiting from the on-going consolidation of the industry.

Thanks to this strategy, Softline is currently one of the fastest growing companies in the sector. Softline achieved a turnover of US$ 2.2 billion in fiscal year of 2021. In October 2021, the company conducted a primary listing on the London stock exchange.

Softline's 8,400 employees work in almost 60 countries throughout Asia, Latin America, Eastern Europe, Middle East and Africa - markets with significant growth potential.