UK's Softcat lifts annual profit outlook for 3rd time in 6 months
28/08/2025 07:43
Aug 28 (Reuters) - British firm Softcat SCTS.L lifted its annual profit growth forecast for the third time in six months on Thursday, driven by execution of larger contracts in the fourth quarter. The IT services and infrastructure provider now expects mid-teens percentage growth in operating profit for the year ended July 2025, compared with its earlier forecast of low-teens percentage increase. (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sumana Nandy) ((DhanushVignesh.Babu@thomsonreuters.com))