REG - Bytes Technology Grp - AGM Statement

Bytes TechnologyAnnouncement

26/07/2022 07:00

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RNS Number : 6709T  Bytes Technology Group PLC  26 July 2022

26 July 2022

 

Bytes Technology Group plc

("BTG" or "the Company")

 

AGM Statement

 

Ahead of the Company's Annual General Meeting being held later today, the
Board issues the following brief update on trading.

 

BTG, one of the UK's leading software, security and cloud services
specialists, is pleased to report that it has made a positive start to the
current financial year. The Company has performed well across its key
financial performance metrics, with growth in Gross Invoiced Income, Gross
Profit and Adjusted Operating Profit all comfortably in double digits for the
first four months of the financial year.

 

Neil Murphy, Chief Executive Officer, said:

 

"We've made a strong start to the financial year, with continued growth from
both the corporate and public sectors. Whilst the macroeconomic backdrop
remains uncertain, customer demand has remained robust and we continue to be
well positioned to deliver on the significant opportunities in front of us."

 

-Ends-

 

Enquiries:

 

Bytes Technology Group plc

Neil Murphy, Chief Executive Officer

Andrew Holden, Chief Financial Officer

 

Tel: +44 (0)1372 418 500

 

Headland Consultancy
Stephen Malthouse

Henry Wallers

Jack Gault

 

Tel: +44 (0) 20 3805 4822

Email: bytes@headlandconsultancy.com (about%3Ablank)

 

About Bytes Technology Group plc:

BTG is one of the UK's leading providers of IT software offerings and
solutions, with a focus on cloud and security products. The Company enables
effective and cost-efficient technology sourcing, adoption and management
across software services, including in the areas of security and cloud. It
aims to deliver the latest technology to a diverse and embedded non-consumer
customer base and has a long track record of delivering strong financial
performance.

 

The Company has a primary listing on the Main Market of the London Stock
Exchange and a secondary listing on the Johannesburg Stock Exchange.

 

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