Bytes Technology Group plc (BYIT) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.098 Hello and welcome to Bytes Technology Group's half year results presentation, the 00:00:05.098 -- 00:00:09.221 period ending 31st of August 2024. 00:00:09.644 -- 00:00:14.591 Andrew and I will talk through slides summarising our performance and then we will open 00:00:14.591 -- 00:00:19.658 the conference call line for Q&A and we will also receive questions through the 00:00:19.658 -- 00:00:22.759 webcast chat function. 00:00:24.027 -- 00:00:29.056 Moving to slide three, I am pleased to report another positive set 00:00:29.056 -- 00:00:34.165 of results for the group. We have increased our share of wallet amongst our existing 00:00:34.165 -- 00:00:38.492 customers as they've continued to invest in their IT needs. 00:00:38.492 -- 00:00:43.521 And we have also expanded our client base in both the public and corporate 00:00:43.521 -- 00:00:45.521 sectors. 00:00:46.167 -- 00:00:51.114 I want to take this opportunity to reflect on the trading environment we've experienced 00:00:51.114 -- 00:00:56.181 since we last reported results in May, which has continued to be challenging 00:00:56.181 -- 00:01:01.267 and with slightly elevated levels of uncertainty related to the snap general election 00:01:01.267 -- 00:01:06.595 in the UK. That said, the public sector has remained resilient 00:01:06.595 -- 00:01:11.641 despite the change of government, while we saw more caution from corporate customers 00:01:11.641 -- 00:01:16.824 over the summer months. For me, the performance in the period demonstrates 00:01:16.824 -- 00:01:19.930 the resilience of our two operations. 00:01:19.930 -- 00:01:24.959 We have established ourselves into many verticals across UK corporate mid-market 00:01:24.959 -- 00:01:28.065 sectors and extensive 00:01:28.065 -- 00:0...