Bytes Technology Group (BYIT): FY27 guidance and cost normalisation
This situation live
BYIT Bytes Technology Group
24 Mar 2026 · FY27 guidance given in trading update · +31% until the next step
We look forward to sharing more detail in our full year results on 12 May 2026.
12 May 2026 · FY27 guidance reiterated; early weeks strong · +36% until the next step
We have now passed the anniversary of the Microsoft incentive changes and the tough comparative from the private sector sales realignment, and have seen strong momentum continue into the early weeks o
17 Sep 2026 · FY27 guidance upgraded after strong H1 · −2% until the next step
As a result of the strong first half performance, the Board now expects Gross Profit growth for the full year in the low to mid-teens, with low to mid single-digit Operating Profit growth.
13 Oct 2026 · Upgraded guidance reiterated at H1 results · +3% since
We upgraded our full year guidance on 17 September 2026, following a first half that was ahead of our expectations.
FY27 guidance and cost normalisation
Upgraded guidance reiterated at H1 results
Next: FY27 results
Every step · 4
- 24 Mar 2026 FY27 guidance given in trading update – We look forward to sharing more detail in our full year results on 12 May 2026. ↗
- 12 May 2026 FY27 guidance reiterated; early weeks strong – We have now passed the anniversary of the Microsoft incentive changes and the tough comparative from the private sector sales realignment, and have seen... ↗
- 17 Sep 2026 FY27 guidance upgraded after strong H1 – As a result of the strong first half performance, the Board now expects Gross Profit growth for the full year in the low to mid-teens, with low to mid... ↗
- 13 Oct 2026 Upgraded guidance reiterated at H1 results – We upgraded our full year guidance on 17 September 2026, following a first half that was ahead of our expectations. ↗
What is happening
Bytes Technology Group: FY27 guidance and cost normalisation – Upgraded guidance reiterated at H1 results. ['Upgraded guidance reiterated at H1 results']
- In short
- FY27 guidance was set on 24 March and reiterated on 12 May. On 17 September the Board upgraded it after H1 GP growth of c.18%. The 13 Oct H1 results (GP +17.8%, operating profit +6.6%) reiterate the upgraded guidance: FY27 GP up low to mid-teens, operating profit up low to mid single digit. About half of the c.£4.5m cost normalisation fell in H1. The Board expects operating profit to grow broadly in line with GP from FY28.
- Announced
- 24 Mar 2026 · FY27 guidance given in trading update
- Latest
- 13 Oct 2026 · Upgraded guidance reiterated at H1 results
- H1 GP growth
- c.18% year-on-year (estimated)
- H1 operating profit
- c.6% growth, reflecting cost normalisation
- FY27 GP guidance
- Low to mid-teens growth, reiterated 13 Oct 2026
- FY27 OP guidance
- Low to mid single-digit growth, excludes CyberOne
- Next milestone
- Operating profit to grow broadly in line with GP from FY28
- Cost normalisation
- c.£4.5m across the year, around half in H1
What comes next
FY27 results.
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