Softcat has reached its highest ever market valuation after revealing that its full-year numbers will beat expectations.
In a Q3 trading update, the reseller said it has seen growth across all metrics in its fiscal year, which ends on 31 July.
Softcat's share price opened at 965p this morning, giving it its highest market capitalisation of £1.86bn.
In a short statement the reseller said: "The company continued to perform well during the period and has delivered strong year-on-year growth across all income and profit measures.
"Performance drivers remained broad-based, with different technology areas and customer segments all showing growth.
"The board is therefore confident that full-year results will now be slightly ahead of previous expectations."
Softcat also offered an update on its new Birmingham office, revealing the site will open early in its next financial year.
The Midlands site was revealed by CEO Graeme Watt in March, when Softcat announced half-year sales of £607.8m, up 28.5 per cent year on year.
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