Bytes Technology Group Plc interim dividend of 2.7 pence per share

DividendMax Ltd.

Bytes Technology Group Plc interim dividend of 2.7 pence per share

The Bytes Technology Group Plc Board has declared an interim dividend of 2.7 pence per share which will be paid on 1 December 2023 to shareholders on the register at 15 November 2023.

Other financial highlights include:

-  Revenue increased 16.3% to £108.7 million (H1 FY23: £93.5 million).

-  GP growth of 15.0% to £75.3 million (H1 FY23: £65.5 million) was driven by higher GII and increased GP per customer of £16,300 (H1 FY23: £14,800)

-  Gross margin was broadly stable at 69.3% (H1 FY23: 70.1%)

-  Operating profit increased by 12.1% to £30.6 million (H1 FY23: £27.3 million)

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