Altron in the News

Big turnaround plan needs to ignite passion and commitment

Mteto Nyati, Altron Group Chief Executive, provides some advice to President Cyril Ramaphosa, on leading South Africa into a new era of prosperity. … Read More

What’s next in Mteto Nyati’s Altron recovery drive

When Mteto Nyati stepped down as MTN South Africa CEO to join the then loss-making Altron as CEO, to many, it seemed like a no-brainer. … Read More

Altron resumes dividends as restructuring pays off

The ICT group has paid its first dividend in over two years after selling non-core businesses and reducing debt. … Read More

Altron boosts revenue, reduces debt

JSE-listed Allied Electronics (Altron) today announced that it has continued to deliver on its growth plans, reduced debt levels, and completed the divestment of non-core assets. … Read More

Strong revenue growth at Altron enables first dividend since 2016

Technology group Altron on Thursday reported a 44% rise in revenue from continuing operations for the six months ended August 2018, to R9.8 billion. Earnings before interest, tax, depreciation and amortisation increased by 16% to R686 million on a normalised basis. … Read More

Altron resumes dividend payments, shares climb

Altron has resumed dividend payments to shareholders, sending the group’s shares higher on the JSE on Thursday. It’s the first time it has paid a dividend since 2016 … Read More

Altron resumes dividends as profits head north

JSE-listed Allied Electronics Corporation Limited (Altron) today announced that it has continued to deliver on its growth plans, reduced debt levels, and completed the divestment of non-core assets. The ICT company saw EBITDA increase by 16% and revenue by 44%. … Read More

Altron resumed dividend payments, shares climb

Altron has resumed dividend payments to shareholders, sending the group’s shares higher on the JSE on Thursday. It’s the first time it has paid a dividend since 2016. … Read More