Altron said on Wednesday that it has reached an agreement to sell its 80% stake in Powertech Transformers, one of its legacy businesses, for R250m. The stake is being acquired by a consortium made
Browsing: Altron
Once upon a time, Altron was voted one of the top 20 companies on the JSE. The share price climbed to R50 and the market capitalisation to R14bn as revenues reached the same levels and exports and operating
Altron has reported a 13% decline in headline earnings per share from continuing operations, to 47c, on revenue that fell 10% to R6.8bn. Bytes UK was a standout performer. The technology group said
Thank you for listening to the TechCentral podcast. In this episode, Duncan McLeod speaks to well-known investor, trader and stock market commentator Simon Brown, founder of Just One Lap, on investing
Thank you for listening to the TechCentral podcast. In this episode, Duncan McLeod chats to former Altron TMT CEO Craig Venter on what he’s been up to since resigning from Altron in 2015. In the podcast, Venter
Altron subsidiary Bytes UK has agreed to buy 100% of Blenheim, the holding company of British value-added reseller Phoenix Software, for £35.9m, or about R650m. The deal will be funded through a combination
Altron said on Wednesday that it expects interim headline earnings per share for the six months ended 31 August 2017 to be between 16% and 36% higher as a turnaround at the JSE-listed
Altron, the JSE-listed group that is repositioning itself exclusively as an ICT sector player as part of a turnaround plan, will finalise the disposal of non-core assets by the end of its 2018 financial year. Group CEO Mteto Nyati
Two former high-flying IT services companies have been the laggards on the JSE in 2017 so far. EOH and Adapt IT have underperformed all other IT stocks, falling by 33.9% and 42.4% respectively to mid-August. The two companies have fallen
Altech Netstar, a subsidiary of JSE-listed technology group Altron, has acquired 100% of Australian fleet management business Fleet Logistics for an undisclosed sum. Fleet Logistics, which trades as EZY2C, specialises in