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

(Sharecast News) - 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%

FTSE 250 - Fallers

CAB Payments Holdings (CABP) 54.90p -9.70% Essentra (ESNT) 140.20p -5.01% Morgan Sindall Group (MGNS) 1,844.00p -4.65% Future (FUTR) 838.00p -4.61% Target Healthcare Reit Ltd (THRL) 71.70p -4.40% TUI AG Reg Shs (DI) (TUI) 401.80p -4.24% CLS Holdings (CLI) 88.60p -4.11% Mitchells & Butlers (MAB) 196.40p -3.91% Hammerson (HMSO) 21.76p -3.63% Close Brothers Group (CBG) 733.00p -3.49%