London · Delayed Price · Currency is GBP · Price in GBX Bytes Technology Group Earnings Call Transcripts
Fiscal Year 2026
-
FY 2026 saw strong gross profit and cash generation, with strategic sector realignment and robust AI-driven demand. FY 2027 guidance targets high single-digit to low double-digit gross profit growth, with operating profit flat due to one-off costs.
-
Gross invoiced income rose 9.1% and gross profit edged up 0.4%, while operating profit fell 7% due to Microsoft incentive changes and a sales team reorganization. Services and hardware segments delivered strong growth, and the company expects improved H2 performance as headwinds subside.
Fiscal Year 2025
-
Delivered double-digit growth in revenue, profit, and cash conversion, driven by strong public sector and services performance, robust Microsoft partnership, and continued investment in staff and technology. Outlook remains positive despite macro uncertainty, with focus on organic growth and selective M&A.
-
Delivered strong H1 results with 13.7% GII and 9% gross profit growth, driven by public sector resilience and expanding customer base. Investments in talent, systems, and regional offices support future growth, while vendor incentive changes are not expected to materially impact near-term results.