AGM Statement

Summary by AI BETAClose X

Bytes Technology Group plc announced at its Annual General Meeting that the first four months of the financial year have seen strong trading performance with double-digit year-on-year growth in gross invoiced income and gross profit across both private and public sectors, while operating profit remained broadly flat year-on-year. The company expressed satisfaction with this progress, which aligns with previous outlooks, and confidence in achieving strategic goals due to its market position, vendor partnerships, customer relationships, and employee investment.

Disclaimer*

Bytes Technology Group PLC
09 July 2026
 

9 July 2026

 

Bytes Technology Group plc

("BTG", "the Company" or "the Group")

 

AGM Statement

 

Bytes Technology Group plc, one of the UK and Ireland's leading software, security, AI and cloud services specialists, is holding its Annual General Meeting at 14:00 (BST) today. Ahead of the meeting, the Board issues the following business update.

 

The Group traded well during the first four months of the financial year, delivering double-digit year-on-year growth in gross invoiced income and gross profit across both the private and public sectors, and operating profit broadly flat year-on-year. The Board is pleased with progress to date, which is consistent with the outlook provided in our full-year results announcement.

 

Sam Mudd, Chief Executive Officer, said:

 

"We're pleased with the progress we have made so far this year in executing against our strategy and continuing to expand our market share. We operate in a large and growing market, focusing on software solutions across AI, cloud and cybersecurity. We remain confident that our deep vendor partnerships, strong customer relationships, and ongoing investment in our employees position us well to achieve our strategic goals for the year."

 

-Ends-

 

Enquiries:

 

Bytes Technology Group plc

Sam Mudd, Chief Executive Officer

Andrew Holden, Chief Financial Officer

James Zaremba, Investor Relations

Tel: +44 (0)1372 418 500

Email: IR@bytesplc.com

 

Sodali & Co
Elly Williamson
Tilly Abraham
Samuel Hillary

Tel: +44 (0)2072 501446
Email: 
btg@info.sodali.com 

 

About Bytes Technology Group plc:

BTG is one of the UK and Ireland's leading providers of IT software offerings and solutions, with a focus on AI, 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, cloud and AI solutions. 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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