Newly appointed Altron CEO Mteto Nyati has spoken out against “radical economic transformation”, warning that in the short term politicians will use it to convince people that it will benefit them, while in the long
Browsing: Adapt IT
Organic growth at small-cap technology stock Adapt IT has slowed from 9% to 4% as clients in the higher education, manufacturing, resources and banking segments curb their spending in the face
Adapt IT’s interim turnover has jumped 48% compared to a year ago, although disappointing growth in organic revenue helped put the share price under some pressure on Monday. For the six months ended 31 December 2016, turnover rose 48% to
Jasco Electronics, Huge Group and Blue Label Telecoms top the list of best-performing technology shares on the JSE in 2016, TechCentral’s annual analysis of share price performances shows. Jasco, led
Small cap IT company Adapt IT is on track to achieve its revenue goal of R3bn by 2020, says CEO Sbu Shabalala. It is an ambitious objective considering the company turned over R803m in its financial year to June
Not all companies are feeling the pinch of South Africa’s zero-growth economy. Listed technology services group Adapt IT said on Thursday that it has grown headline earnings per share by 36% on the back of a 38%
Some companies are more robust in the face of a consumer downturn than others, and companies that provide vital services are always going to fare better than those that rely on discretionary spend. Software and service provider Adapt IT is proving that
Durban-headquartered technology services group Adapt IT has reported a 42% improvement in headline earnings per share to 23,96c in the six months ended 31 December 2015. The strong growth in Heps comes on top of a 19% improvement in turnover to R310m and a 50%
Durban-headquartered technology services group Adapt IT expects headline earnings per share (Heps) to rise by as much as 47,4% in the six months ended 31 December 2015, it said in a statement on the JSE’s stock exchange news service on Thursday. The fast-growing
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months