The Bytes Technology Group Plc Board has proposed a final dividend of 7.0 pence per share that, subject to shareholder approval, will be paid on 31 July 2026 to shareholders on the register at 17 July 2026. In addition we announced a new £25m share repurchase programme.
Other financial highlights include:
- GII increased 11.5%, with 11.4% growth in software and 24.6% in services.
- GP increased 2.5%, with H1 GP decline of 0.3% improving to 4.6% growth in H2 as the one-year adverse effect of the Microsoft incentive changes ended in January 2026, and the strategic refinement of the private sector sales structure to strengthen medium-term growth settled.
- Public sector GP up 7.4%, despite Microsoft partner incentive change impact.
- Private sector GP decreased marginally by 0.3% due to the refinement of sales structure to increase customer centricity (which launched at the start of the year), and some Microsoft incentives impact.
- Operating profit was 5.6% lower because of slower GP growth and investment in people to drive future growth.
- Strong balance sheet with closing cash of £99m and 105% cash conversion, with £74m returned to shareholders in FY26, including the £25m share buyback.
