ALTRON CEO – MTETO NYATI TO STEP DOWN

Our Group Chief Executive Mteto Nyati will step down from his role effective 30 June 2022. This decision was informed by Mteto’s impending completion of a five-year term with the Altron Group, his successful contribution to increasing shareholder value by approximately six times during his tenure, and his search for a new challenge.

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ALTRON 2.0
STRATEGY

Altron 2.0 represents both continuity and change in that we wanted to take forward the many good things we have done under the One Altron Strategy, while at the same time acknowledging that our environment has changed.

Our customers are at different stages in their responses to COVID-19 – many of the customers were caught off-guard as they were not ready; other customers are in the recovery stage; others are in the future state where they have fully embraced digital.

Regardless of where our customers are in their journey, we want to be relevant to them, walk with them, partner with them, help them to make some of these choices on their digital transformation journeys.

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ALTRON GROUP EXECUTIVES

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  • Altron | There when it matters

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    Continuing
    Operations
    Operating Income

  • Altron | There when it matters

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    Working Capital

  • Altron | There when it matters

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    Net Debt: EBITDA

  • Altron | There when it matters

    +>00%

    Continuing
    Operations
    Operating Free
    Cash Flow


WORLD OF INVESTORS


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. 

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BEING AN ALTRONIAN

LATEST NEWS:
NEW MANAGING DIRECTOR FOR ALTRON SECURITY

Johannesburg, 1 December 2021 – JSE-listed technology company Altron has appointed Andrew Whittaker as Managing Director of Altron Security with effect from 1 December 2021. Previously Executive: Services and Business Development at Altron Security, where he was responsible for sales, business development, marketing, and services management, Whittaker takes over from Marius Agenbag, who is retiring.

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ALTRON ETHICS


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