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Softline publishes Annual Report for FY2021 ending 31 March 2022

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.

Softline Holding plc began trading under the brand name Noventiq after divesting part of its business in October 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: /uploads/files/5a78a6/2e3e0e/c5a7d3/Softline-Annual-Report-2021.pdf.

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

«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

Media Contact

Rocio Herraiz    
Global Head of Communications

Eve Frayling
+44 (0)7896 540438 or Softline@pagefield.co.uk

IR Contact

Steven Salter
VP, Investor Relations

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