Bytes Technology Group's dividend policy is to distribute 40–50% of the Group’s full year post-tax pre-exceptional earnings to shareholders by way of normal dividends. Accordingly, the Board has declared an interim dividend of 3.3p per share, 3.1% higher than HY26 (3.2p per share), which will be paid on 20 November 2026 to shareholders on the register at 6 November 2026. They have completed a £25m share repurchase programme announced with FY26 results and, together with the FY26 final dividend, returned £41.3m to shareholders in the half.
Bytes Technology Group announced an ex-dividend date of 5 November 2026, record date of 6 November 2026, and payment date of 20 November 2026.
Other Financial Highlights Include:
- Revenue increased correspondingly by 18.7% with similar double-digit growth across all income streams.
- GP increased 17.8%, as positive impact from changes made to sales structure took effect.
- Public sector GP up 23.1%, with GP/GII margin held at 3.5%.
- Private sector GP up 14.6%, following the refinement of the sales structure to increase customer centricity, which launched at the start of FY26, with GP/GII margin of 12.2%.
- Operating profit was 6.6% higher, after absorbing around half of the c.£4.5m of cost normalisation set out at our FY26 results, which reflects previously flagged costs, including bonuses and share-based payments, returning to more normalised levels.
- Strong balance sheet with closing cash of £68m and cash conversion of 45.7%, reflecting the normal weighting of our cash generation to H2, with £41m returned to shareholders in the half year including completion of the £25m share buyback.
