Bytes Technology Group PLC

Bytes Technology Group has set the exchange rate for the final dividend of 7.0 pence per share at 1 GBP = 21.90067 ZAR. South African shareholders will therefore receive 153.30469 cents per share gross, and 122.64375 cents per share after 20% withholding tax. The dividend was approved at the annual general meeting; payment date is 31 July 2026, record date is 17 July 2026. » More on de.investing.com

The Bytes Technologie Group reports an 11.5% revenue increase for the second half of 2026 amid margin pressure. Gross profit rose to £167.3m, but the gross margin fell from 7.8% to 7.1% and operating profit declined 4.6% to £62.7m. Cash conversion stood at a strong 105% and liquidity at £98.6m; the share price rose 1.7% after the release. For 2026/27 management forecasts a stable earnings per share of $0.3 and revenues of $301.89m and $333.02m. » More on de.investing.com

Bytes Technology increased billed gross revenue in FY26 by 11.5% to £2.3bn, while gross profit rose only 2.5% to £167.3m as changed Microsoft incentives pushed the gross margin down from 7.8% to 7.1%. Operating profit fell 5.6% to £62.7m and earnings per share declined 6.1% to 21.4p. The company remains cash-strong (net cash £98.6m, cash conversion 105.1%) and returned £74m to shareholders while investing in service offerings and AI initiatives (including NHS Copilot). For FY27, Bytes expects a return to normalized growth rates with gross profit growth in the high single digits to low double digits and broadly stable operating profit. » More on de.investing.com