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Altron expects double-digit earnings increases from continuing operations

Altron expects double-digit earnings increases from continuing operations
engineeringnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from engineeringnews.co.za Daily Mail and Mail on Sunday newspapers.

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Altron sells printer business

The transaction is part of Altron's strategy of shifting away from non-core assets and focus on ICT business. ....

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Cost containment pays off for Altron

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 operations was up 31% to R2,2-billion while headline earnings per share (HEPS) declined 18% to 31c a share. A dividend of 15 cents per share was declared.
“The cost containment measures taken across our operations to minimise the impact of Covid-19 have positioned us well,” says Altron Group chief executive, Mteto Nyati. Several businesses in the group were restructured during year to protect and maintain profitability. ....

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Altron Group reports a decline in headline earnings

Altron Group reports a decline in headline earnings
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , United Kingdom , City Of , Mteto Nyati , Altron Karabina , Altron Documents Solutions , Altron People Solutions , London Stock Exchange , Caltron Group , Altron Security , Bytes United Kingdom , Altron Arrow , One Altron , Altron Systems Integration , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , லண்டன் ஸ்டாக் பரிமாற்றம் , பைட்டுகள் ஒன்றுபட்டது கிஂக்டம் ,