Bytes Technology Group (BYIT)

Sector:

IT Services

Index:

FTSE 250

496.80p
   
  • Change Today:
    -1.40p
  • 52 Week High: 657.00
  • 52 Week Low: 421.40
  • Currency: UK Pounds
  • Shares Issued: 240.36m
  • Volume: 366,836
  • Market Cap: £1,194.11m

Bytes sees FY earnings up 20%

By Frank Prenesti

Date: Wednesday 22 Mar 2023

LONDON (ShareCast) - (Sharecast News) - Software, security and cloud services specialist Bytes Technology Group said annual gross profit and adjusted operating earnings would be up 20%.
Cash conversion for the year to February 28 returned to higher levels in the second half to end the full year at around 85%, with a cash balance of around £73m, the company said on Wednesday, reflecting strong demand for software and IT Services from both corporate and public sector clients, despite macroeconomic headwinds.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BYIT Market Data

Currency UK Pounds
Share Price 496.80p
Change Today -1.40p
% Change -0.28 %
52 Week High 657.00
52 Week Low 421.40
Volume 366,836
Shares Issued 240.36m
Market Cap £1,194.11m

BYIT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.05% below the market average89.05% below the market average89.05% below the market average89.05% below the market average89.05% below the market average
82.72% below the sector average82.72% below the sector average82.72% below the sector average82.72% below the sector average82.72% below the sector average
Price Trend Not Available
Income
6.42% below the market average6.42% below the market average6.42% below the market average6.42% below the market average6.42% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
0.78% below the market average0.78% below the market average0.78% below the market average0.78% below the market average0.78% below the market average
12.94% below the sector average12.94% below the sector average12.94% below the sector average12.94% below the sector average12.94% below the sector average

BYIT Dividends

  Latest Previous
  Interim Final
Ex-Div 16-Nov-23 20-Jul-23
Paid 01-Dec-23 04-Aug-23
Amount 2.70p 5.10p

Trades for 08-May-2024

Time Volume / Share Price
17:43 10,697 @ 496.80p
16:35 130,480 @ 496.80p
16:35 71 @ 496.80p
16:35 254 @ 496.80p
16:35 322 @ 496.80p

BYIT Key Personnel

Chair Patrick De Smedt
CFO Andrew Holden
CEO Sam Mudd

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