EOH’s share price on Monday reversed earlier gains after the IT services group issued an earnings update that appeared to disappoint investors. It said headline earnings per share – a key figure watched by investors on
Browsing: Asher Bohbot
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
EOH, whose share price gyrated wildly on Thursday, has moved to calm jitters among investors. The company issued a statement to “stakeholders” saying the company remains “strong, with a great leadership team
EOH’s share price tumbled more than 12% at one point on Tuesday as investors took fright at the resurfacing of corruption allegations involving a contract with welfare agency Sassa. The share regained some composure in the early afternoon
In an unexpected development, the founder CEO of EOH, the technology services group that has delivered impressive returns for shareholders for many years, is stepping down. Asher Bohbot will leave the JSE-listed group
EOH has announced it plans to acquire 100% of the long-established Cornastone group of companies, subject to regulatory approvals. The black-led Cornastone has been in business for more than
Technology group EOH has continued to defy weak economic conditions, posting a robust set of results for the year ended 31 July 2016. Headline earnings per share rose by a quarter to R7,19 on the back of a 31% improvement in
Despite the tough economic environment, technology group EOH has lifted headline earnings per share by 24% to 359c on the back of a 30% improvement in revenue to R6bn in the six
Fast-growing listed technology services company EOH has announced it has acquired Mehleketo Resourcing, which employs 350 people and has a turnover of R300m/year. The value of the acquisition
Despite the fact that it is now a large technology services company that employs 10 000 people, JSE-listed EOH continues to grow as if it’s still a young business. For the year ended 31 July 2015, it has reported a 29% improvement in headline earnings per share and hiked its dividend by