Softcat PLC (LON:SCT) ticked higher on Thursday morning after the IT infrastructure and software group lifted its annual profit guidance for the fourth time this year.
The FTSE 250 group, whose financial year finishes next week, only last upgraded its forecasts at the end of May.
READ: Softcat rises after strong trading performance
But it has “continued to trade well” since then, during what is typically its most lucrative quarter.
“As a result, the board now expects that full year operating profit will be ahead of its prior expectations,” said Softcat in a brief announcement.
Preliminary results are scheduled for release on 23 October 2019.
Shares headed back towards all-time highs, rising 3.5% to 952p.