Bytes Technology Group PLC (CHIX:BYITl)
£ 4.618 0.062 (1.36%) Market Cap: 1.11 Bil Enterprise Value: 1.04 Bil PE Ratio: 22.20 PB Ratio: 14.41 GF Score: 64/100

Half Year 2025 Bytes Technology Group PLC Earnings Call Transcript

Oct 15, 2024 / 08:30AM GMT
Release Date Price: £4.75 (-2.78%)
Sam Mudd
Bytes Technology Group PLC - Interim Chief Executive Officer, Managing Director - Phoenix Software, Executive Director

Hello, and welcome to Bytes Technology Group's half year results presentation, the period ending 31st of August 2024. Andrew and I will talk through a slide summarizing our performance and then we will open the conference call line for Q&A, and we will also receive questions through the webcast chat function.

Moving to slide 3. I am pleased to report another positive set of results for the group. We have increased our share of wallet amongst our existing customers as they have continued to invest in their IT needs. And we have also expanded our client base in both the public and corporate sectors. I want to take this opportunity to reflect on the trading environment we've experienced since we last reported results in May, which has continued to be challenging and with slightly elevated levels of uncertainty related to the snap general election in the UK.

That said, the public sector has remained resilient despite the change of government, while we saw more

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