FTSE 250 movers: Bytes Technology in the black; Essentra slides

EssentraSharecast graphic / Josh White

London’s FTSE 250 was down 0.4% at 16,923.67 in afternoon trade on Wednesday.

Bytes Technology gained as the software, security and cloud services company hiked its interim dividend by 12.5% after a strong first half, with revenues and profits rising by double-digits and billed income jumping by over a third.

Softcat was in the black, having slid a day earlier after its full-year revenues missed analysts’ expectations.

CAB Payments was weaker again, having tanked on Tuesday after the payment processing company warned on full-year revenues, pointing to changes in market conditions in some of its key currency corridors, as well as ongoing uncertainties surrounding the Naira.

Essentra slumped as it said full-year adjusted operating profit was set to be "towards the lower end" of its expectations due to a "softer" trading environment.

FTSE 250 - Risers

Bytes Technology Group (BYIT) 479.20p 5.55%
Softcat (SCT) 1,266.00p 2.26%
Indivior (INDV) 1,650.00p 1.98%
Me Group International (MEGP) 147.40p 1.94%
Computacenter (CCC) 2,532.00p 1.61%
Hipgnosis Songs Fund Limited NPV (SONG) 74.40p 1.50%
Coats Group (COA) 68.50p 1.48%
Auction Technology Group (ATG) 568.00p 1.43%
VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 451.50p 1.35%
Darktrace (DARK) 346.40p 1.26%