Berenberg says Bytes reports stronger H127 performance
Berenberg cited gross invoiced income up 19% YoY and gross profits up 18%, with operating profits up 6%, all ahead of consensus on demand across software, cloud and security.
Berenberg said Bytes delivered an "impressive" H127 performance, with gross invoiced income rising 19% year-on-year, well ahead of consensus, while gross profits grew 18%, also beating expectations, supported by demand across software, cloud and security. Operating profits increased 6%, ahead of th…