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Bytes Technology Group (BYIT) investor relations material
Bytes Technology Group Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance
Gross Invoiced Income for H1 FY27 estimated to rise by approximately 19% year-on-year.
Gross Profit expected to increase by about 18%, with Operating Profit up by around 6%.
Operating Profit growth reflects higher technology costs and normalized bonus levels.
Net cash position at H1 FY27 end was about £68m after £41.3m returned to shareholders.
Cash conversion for H1 was around 45%, up from 34% in H1 FY26.
Guidance and outlook
Full-year Gross Profit growth now expected in the low to mid-teens percentage range.
Full-year Operating Profit growth forecasted in the low to mid single-digit range.
FY27 guidance upgraded due to strong first half performance.
Strategic and operational highlights
Continued strong demand for software, cloud, and security solutions, with AI becoming a key growth driver.
Ongoing investment in technology platforms and workforce to support future growth.
Confidence maintained in strategy and customer/vendor relationships.
- Gross profit rose 2.5% on 11.5% higher income, with services GP up 38% and strong cash returns.BYIT
H2 2026 - FY 2026 delivered strong growth and cash; FY 2027 targets further profit growth amid cost increases.BYIT
Q4 2026 TU - GII up 9.1%, resilient profit, strong cash, and new share buyback drive positive outlook.BYIT
H1 2026 - Double-digit profit growth and strong cash generation driven by public sector and AI demand.BYIT
H1 2025 - Double-digit profit growth and strong cash position reflect robust demand in cloud and security.BYIT
Trading Update - Double-digit growth and £2bn+ invoiced income highlight Bytes Technology Group's strong momentum.BYIT
Trading Update - Double-digit profit and revenue growth, strong public sector, and Microsoft-driven momentum.BYIT
H2 2025
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Next Bytes Technology Group earnings date
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