Bytes Technology earnings: AI demand and CyberOne boost growth prospects, but margins under pressure

FTSE 250 IT services firm Bytes Technology (LON:BYIT) delivered double-digit growth in its H1 2027 results, backed by demand for software, cloud computing and cybersecurity. However, slower operating profit growth and pressure on margins tempered the market’s initial reaction, while its proposed CyberOne acquisition strengthens its ambitions to become a more services-led technology partner. Bytes … Continue reading Bytes Technology earnings: AI demand and CyberOne boost growth prospects, but margins under pressure