Page 2 - Altron Arrow News Today

The first module, MetaAccess, examines every machine for endpoint security policy compliance before granting access to Salesforce.

Altron expects to report double-digit revenue growth from continuing operations for the year ended 28 February 2023.

In its first set of results delivered by newly appointed CEO Werner Kapp, Altron has hiked its interim distribution to shareholders.

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But expects pressures on supply chain and pricing to continue into the next final year, as global components shortage persists.

May 17, 2021 JSE-listed technology company Altron has announced that invoiced income gain 4% to R7.7 billion, while cash from operations grew 31% to R2,2-billion for the financial year to end February. Shareholder value was unlocked by 152% from a share price of R20.19 to a share value of R50.80. Earnings before interest, tax, depreciation, and amortisation (EBITDA) declined 8% to R1-billion. The operating free cash flow of R612-million increased by more than 600%. Cash generated from operation...

Altron to sell more subsidiaries, including Xerox agency Altron CEO Mteto Nyati Altron plans to sell its Altron Document Solutions, Arrow and People Solutions subsidiaries, which it has identified as non-core. The JSE-listed technology group has already identified a range of parties that are interested in participating in a sale of these companies, CEO Mteto Nyati said in an investor presentation on Wednesday. Altron Document Solutions — previously known as Bytes Document Solutions — ...