Replay available

Bytes Technology Group plc (BYIT) Q2 2024 Earnings Call

Bytes Technology Group plc (LSE: BYIT) Q2 2024 earnings conference call, held 2023-10-25. Replay captured from the company's public earnings webcast.

Wed, October 25, 2023 at 4:30 AMendedReplay
Bytes Technology Group plc (BYIT) Q2 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.977 Good morning. I'd like to thank you for joining us for Byte's half-year results presentation 00:00:04.977 -- 00:00:09.400 for the period ending August 31, 2023. 00:00:10.143 -- 00:00:15.689 Before we start, just a few words on this morning's session and the order of events. 00:00:15.689 -- 00:00:20.455 Andrew, our CFO, and I will provide a short presentation lasting around 20 minutes or 00:00:20.455 -- 00:00:24.145 so, and then we'll turn to live Q&A. 00:00:24.145 -- 00:00:29.274 We are delighted to present another strong set of financial results with double-digit 00:00:29.274 -- 00:00:33.782 growth driven by contributions from all areas of the business. 00:00:33.782 -- 00:00:38.310 While the economic backdrop remains mixed, we've continued to see strong demand from 00:00:38.310 -- 00:00:41.896 our corporate and public sector customers. 00:00:41.896 -- 00:00:46.524 I want to thank our people and our partners who have worked together so well to deliver 00:00:46.524 -- 00:00:48.817 solutions for our customers. 00:00:48.817 -- 00:00:53.283 We are delighted that our customer and staff satisfaction levels continue to be amongst 00:00:53.283 -- 00:00:56.185 the best in the industry. 00:00:57.129 -- 00:01:02.093 Now let's turn to our key financial headlines for the first half. 00:01:02.797 -- 00:01:07.945 As I said a moment ago, we've delivered another strong set of sales and profit growth, 00:01:07.945 -- 00:01:14.264 extending our track record of positive progress in both the top and bottom lines. 00:01:14.264 -- 00:01:20.033 Grossed Invoiced Income or Sales are up at almost 38% at 00:01:20.033 -- 00:01:22.717 just over £1 billion. 00:01:22.717 -- 00:01:28.065 This marks the first time that the company has surpassed the £1 billion mark ...