Share price: Altron (730) (45.00) (6.57) 2022/03/16 16:04:15
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%.
CNBC Africa: Captains of Industry: The secret behind Altron’s success with CEO Mteto Nyati
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