We are pleased to announce that the Altron board has appointed Werner Kapp as Group Chief Executive effective from 1 October 2022.
Werner will drive our vision to become a preeminent technology services provider with ambitions to strengthen our local and global presence in the digital solutions market.
Through Altron 2.0, we aim to triple operating income, maintain a net debt to Ebitda of less than 1 and become a responsible environmental, social, and corporate governance company.
After successfully implementing the One Altron strategy, Altron is now looking to the future, with its Altron 2.0 initiative. This builds on, and further develops gains made through One Altron.
Altron 2.0 focuses on exciting growth opportunities including expanding our security offering and building on the solid performance of our recent acquisitions; deepening our relationships with Microsoft and Amazon Web Services to capture opportunities in the fast-growing Cloud Computing space; scaling up our own, high margin, IP platforms in HealthTech and Fintech as well as vehicle telematics in Netstar; and growing our Custom Application Development capabilities.