Durban-based technology services company Adapt IT has turned in a robust 35% improvement in headline earnings per share on the back of a 42% increase in turnover to R575,3m for the year ended 30 June 2015. The top-line performance was driven by both
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If you’d invested R40 000 in the shares of Durban-based technology company Adapt IT five years ago, you’d be a millionaire today. Adapt IT’s shares have risen by a spectacular 2 400% in the past five years, making it the best performing technology counter on the JSE
Durban-based IT services company Adapt IT has turned in another strong set of financial results. Headline earnings per share climbed by 35% to 18,6c in the six months ended 31 December 2014 on the back of a 38% improvement in revenue to R261m. Growth came from
Fast-growing JSE-listed Adapt IT has acquired 100% of the equity of AspiviaUnison, a cloud telecommunications service provider, in a deal worth as much as R200m. The Durban-based Adapt IT will acquire all intellectual property and technology
The share price of Durban-based technology services company Adapt IT shot up by more than 10% on Tuesday morning after it said it was in talks about a possible acquisition. The fast-growing company, which in August reported a 55% improvement in full-year headline earnings per share on the back of strong revenue
Durban-based technology services company Adapt IT has grown headline earnings per share by 55% to 34,55c in its 2014 financial year, which ended in June. That was on the back of a 34% rise in revenue to R406,3m and a 69% improvement in operating profit to R49,6m. On the
JSE-listed Adapt IT has acquired a 100% stake in South African oil and gas consultancy Aquilon in a deal worth R98m. The acquisition will allow Adapt IT to expand into Africa’s fast-growing energy sector and strengthen its SAP solutions expertise. Aquilon
Following its acquisition of SAP specialist Swicon360 in 2012, JSE-listed technology group AdaptIT says it is again looking for acquisitions of companies that operate in complementary areas and that will bring long-term, blue-chip clients to the table. The company’s
Fast-growing JSE-listed technology company Adapt IT has acquired SAP specialist Swicon360 for R10,4m in cash plus shares worth R1,3m. Swicon360, which was established 12 years ago, provides business process outsourcing services for the SAP ERP Human Capital Management