The JSE-listed technology group known to most people as Altron, but which is technically Allied Electronics Corporation, is changing its name … to Altron.
Browsing: Altron
Promoted | Meeting lockdown restrictions and social distancing requirements substantially accelerated the need and urgency for businesses to transition to the cloud. By Altron Document Solutions’ Jonathan Osbourne
Cedric Miller, the chief financial officer at JSE-listed technology group Altron, has resigned. He will leave on 30 June, Altron told investors.
Altron has won a long-running legal battle over the validity of a broadband tender for the City of Tshwane, with the constitutional court upholding a previous judgment of the supreme court of appeal.
Technology group Altron on Monday reported full-year headline earnings per share that fell 18% on revenue that was flat at R7.4-billion.
Promoted | As more people and machines begin accessing information via different platforms and devices, organisations will need to bolster security around their data and documents.
JSE-listed technology group Altron said on Wednesday that its headline earnings per share will fall by as much as 29% because of the disposal of its Bytes UK arm and weak trading conditions.
Altron has declared a special dividend of 96c/share after it successfully spun off Bytes as a separate listing in London and Johannesburg and ended up with more cash than it expected.
Technology group Etion is selling its Lawtrust information security specialist subsidiary to Altron for R245-million as part of a programme to unlock shareholder value.
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