IN BRIEF: Bytes Technology trades well in four months, tracks outlook

Bytes Technology Group PLC - Surrey, England-based enterprise software - Says it "traded well" during the first four months that ended June 30, in line with its guidance. Delivers double-digit year-on-year growth in gross invoiced income and gross profit. Operating profit is broadly flat year-on-year, the company says ahead of its annual general meeting this afternoon.

"We're pleased with the progress we have made so far this year in executing against our strategy and continuing to expand our market share," Chief Executive Officer Sam Mudd says. The company remains confident that its "deep" vendor partnerships, strong customer relationships, and ongoing investment in its employees positions it well to achieve its strategic goals for the year, Mudd says.

Stock price in London: 394.00 pence

12-month change: up 10%

Stock price in Johannesburg: ZAR87.35

12-month change: down 1.9%

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