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Bytes Technology shares leap on positive earnings outlook

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Software, security and cloud services provider sees full-year earnings up 20%

Bytes Technology shares shot up on Monday as the group signalled that its full-year profit will be a fifth higher than in the prior year.

On Monday, the UK firm spun out of Altron in 2020 said its gross profit and adjusted operating profit for the full year will both be about 20% up on the prior year...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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