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Altron in the News

ITWeb: Altron Karabina appointed Microsoft Licensing Solution Provider

Microsoft has named Altron Karabina as its trusted Licensing Solution Provider (LSP) in the country, after the company has complied with the stringent governance requirements to do so. This enables it to offer more expertise and value to its current and future customers. This agreement comes as Altron is positioning its recently acquired subsidiary, Altr … Read More

Tech Central: Altron lifts Heps by 4%, talks up prospects

Altron lifted headline earnings per share (Heps) in the six months to 31 August 2019 by 4% to 73c on the back of an 8% increase in revenue from continuing operations to R8.5-billion. Earnings before interest, tax, depreciation and amortisation (Ebitda) rose by a healthy 19% to R803-million. It declared an interim dividend of 29c/share. … Read More

ITWeb: Altron eyes R100m from Microsoft software licensing deal

JSE-listed Altron is targeting R100 million from its recently-signed software licensing partnership with Microsoft. This is according to Altron’s group chief executive, Mteto Nyati, in an interview with ITWeb this morning after the company announced its interim results for the six months ended 31 August. Earlier this month, Microsoft named Altron as a licensing solution provider … Read More

Fin24: Altron increases profit, says UK growth exceeded expectations

Altron [JSE: AEL] reported 8% growth in revenue from continuing operations to R8.53 billion, with headline earnings up 4% for the six months to end-August. An interim dividend of 29 cents per share was declared. Altron owns vehicle tracking group Netstar, and through various businesses – including under the Altron Bytes brand – is involv … Read More

Business Live: Altron awarded Microsoft licence

JSE-listed technology firm Altron says it has been awarded a licence to sell products and service support to clients on behalf of Microsoft as it continues its push to fill the gap left by EOH. The Parktown-based company said on Monday that it had been named as a licensing solution provider (LSP) in SA by … Read More

ITWeb: Microsoft appoints Altron as licensing solution provider

Microsoft has named JSE-listed technology company Altron as a licensing solution provider (LSP) in SA. This agreement comes as Altron is positioning its recently acquired subsidiary, Altron Karabina, to be the go-to partner for everything Microsoft, says Altron group chief executive Mteto Nyati. The announcement comes after Microsoft cancelled its contract with troubled IT services … Read More

Toyota, Altron, Vodacom Collaborate to Enable in-Car WiFi

Toyota South Africa has teamed up with Altron and Vodacom Business, to roll-out connectivity features and in-car Wi-Fi on all new Toyota and Lexus models. Known as Toyota Connect, the new connectivity hub will be housed within the MyToyota App which was launched in 2014. The technology allows Toyota owners access to a myriad of … Read More

Watch: Altron shoots the lights out of its revenue target – CNBC Africa

Technology Company Altron has seen good growth in the past year. It’s achieved an increase in HEPS by 50 per cent and EBITDA from continuing operations increased by 30 per cent to R1.6 billion. All eyes are on Altron not only because of its results but also because of EOH losing the Microsoft licensing contracts. … Read More