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Altron in the News

Fin24: Altron increases profit, says UK growth exceeded expectations

Altron [JSE: AEL] reported 8% growth in revenue from continuing operations to R8.53 billion, with headline earnings up 4% for the six months to end-August. An interim dividend of 29 cents per share was declared. Altron owns vehicle tracking group Netstar, and through various businesses – including under the Altron brand – is involv … Read More

Business Live: Altron awarded Microsoft licence

JSE-listed technology firm Altron says it has been awarded a licence to sell products and service support to clients on behalf of Microsoft as it continues its push to fill the gap left by EOH. The Parktown-based company said on Monday that it had been named as a licensing solution provider (LSP) in SA by … Read More

ITWeb: Microsoft appoints Altron as licensing solution provider

Microsoft has named JSE-listed technology company Altron as a licensing solution provider (LSP) in SA. This agreement comes as Altron is positioning its recently acquired subsidiary, Altron Karabina, to be the go-to partner for everything Microsoft, says Altron group chief executive Mteto Nyati. The announcement comes after Microsoft cancelled its contract with troubled IT services … Read More

Toyota, Altron, Vodacom Collaborate to Enable in-Car WiFi

Toyota South Africa has teamed up with Altron and Vodacom Business, to roll-out connectivity features and in-car Wi-Fi on all new Toyota and Lexus models. Known as Toyota Connect, the new connectivity hub will be housed within the MyToyota App which was launched in 2014. The technology allows Toyota owners access to a myriad of … Read More

Watch: Altron shoots the lights out of its revenue target – CNBC Africa

Technology Company Altron has seen good growth in the past year. It’s achieved an increase in HEPS by 50 per cent and EBITDA from continuing operations increased by 30 per cent to R1.6 billion. All eyes are on Altron not only because of its results but also because of EOH losing the Microsoft licensing contracts. … Read More

Altron turnaround gathers steam – Moneyweb

The turnaround at Altron is gathering steam, with the formerly Venter family-controlled business now led by CEO Mteto Nyati reporting a 50% improvement in full-year headline earnings per share from continuing operations. The results, for the year ended February 28, showed normalised earnings before interest, tax, deprecation and amortisation, also from continuing operations, rising 24% … Read More

Altron posts R19,2Bn revenue – IT Web

JSE-listed Altron saw gross revenue increase by 30% to R19.2 billion and normalised earnings before interest, tax, depreciation and amortisation (EBITDA) by 24% to R1.6 billion from its continuing operations. The technology company today presented its financial results for the year-ended February. Altron also announced it is tracking almost a year ahead of its goa … Read More

Altron outperforms with strong full-year results – Tech Central

The turnaround at Altron is gathering steam, with the formerly Venter family-controlled business now led by CEO Mteto Nyati reporting a 50% improvement in full-year headline earnings per share from continuing operations. The results, for the year ended 28 February 2019, showed normalised earnings before interest, tax, deprecation and amortisation, also from continuing operations, rising … Read More