Bytes Technology Group PLC reported a strong start to the financial year in a trading update ahead of its annual general meeting.
The company achieved double-digit year-on-year growth in gross invoiced income for the four months ending June 30. Gross profit also saw double-digit growth during this period. Operating profit remained broadly flat.
Management stated that performance aligns with previous guidance. The group is successfully expanding market share in AI, cloud, and cybersecurity.
Shares in the company rose 2.9% in early trading following the announcement.