Browsing: Altech Autopage

Altron’s core operations performing well

Technology group Altron said on Thursday that it expects full-year headline earnings per share from continuing operations to rise by between 1% and 7%, while normalised Heps, stripping out once-off costs

Altron turnaround takes shape

The turnaround at long-troubled technology and manufacturing group Altron is picking up pace, with profit from continuing operations in the six months to end-August 2016 improving to R187m from R103m in the same six-month

Altron’s spectacular fall from grace

At some point, JSE-listed Altron’s bombed out share price is going to look like a bargain. But it’s hard to know when that will be. The Venter-run family business last week announced a loss of R1,1bn for the year to February, drowning the previous

Venters to take a back seat at Altron

Robbie Venter, 56, is likely to step down as Altron’s CEO at the end of February, or soon thereafter, handing the reins to a non-family member for the first time in its storied, 51-year history. First, though, Venter – the son of Altron founder Bill

Altron suspends dividend after R1,1bn loss

Troubled technology group Altron has reported a 75c normalised diluted headline loss per share for the 2016 financial year to 29 February, a sharp reversal from headline earnings per share in 2015 of 99c. In light of the poor numbers, and the need

Allied said to be near to buying GloCell

Large independent cellular service provider GloCell is in play, TechCentral has learnt from well-placed industry sources. A number of companies are believed to have expressed an interest

Altron plunges deep into the red

Significant losses at Altech Multimedia and Powertech will contribute to a dismal set of full-year results at technology and industrial group Altron. The group cautioned shareholders on Friday afternoon that although its Altron TMT

Hilton Tarrant
10 things you didn’t know about MTN

After the publication of its annual report this week, the headlines focused on former chief executive Sifiso Dabengwa’s R23,7m “golden handshake” following his resignation in November amid the MTN Nigeria fine fallout. We also learnt that chairman

Altron to report another big loss

Technology group Altron expects to report a 90c/share headline loss in the year ended 29 February 2016, a deterioration from the loss of 3c/share reported a year ago, it warned shareholders after markets closed in Johannesburg on Monday. This compares to a headline

Autopage pushes back shutdown date

Cellular service provider Altech Autopage has pushed back its planned shutdown date, which was originally anticipated for the end of this month. On Friday, the Competition Tribunal approved the sale of Altech Autopage’s subscriber

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