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IN BRIEF: Bytes Technology off to strong start as uncertainty remains

Tue, 26th Jul 2022 09:15

Bytes Technology Group PLC - Surrey, England-based computer software - Makes a strong start to the financial year, but warns that the macroeconomic backdrop remains uncertain. Bytes says it 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. Bytes is holding its annual general meeting on Tuesday.

London current stock price: 434.00 pence, down 0.7% on Tuesday

12-month change: down 5.7%

Johannesburg current stock price: ZAR86.62, down 1.8%

12-month change: down 7.7%

By Artwell Dlamini; artwelldlamini@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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