Altron’s continued turnaround, under the leadership of CEO Mteto Nyati, delivered the best performance among technology shares listed on the JSE in 2018.
Altron shares advanced 49% last year, building on their momentum of 2017, when they rose 37.7%, and delivering an impressive 222% return for shareholders (excluding dividends) over a three-year period.
The only other company to come close to that sort of performance over three years is Mix Telematics, whose share price has risen by 204% since 1 January 2016. Mix Telematics was the top performer in TechCentral’s list for 2017, rising 88.8%.
Altron appoints Cedric Miller as new CFO – CFO South Africa
Altron outperforms with strong full-year results – Tech Central
Altron appoints new executive – Business Report
Altron boosts revenue, reduces debt – IT Web
CNBC Africa: Captains of Industry: The secret behind Altron’s success with CEO Mteto Nyati
Altron Humanises Tech In A New TV Commercial – Tech Financials
Altron resumes dividend payments, shares climb – Tech Central
Altron SA’s best performing tech share in 2018 – Tech Central