An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and
Browsing: EOH
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
IT and telecommunications shares took a pounding on Monday as a global stock market rout hammered the JSE. Big companies such as MTN and EOH were trading sharply lower as investors fled shares for safer assets
EOH has announced that it is acquiring an equity stake of between 49% and 80% (depending on the country) in pan-African IT applications and business solutions provider Twenty Third Century Systems and its subsidiaries. The value of the deal has
Technology group EOH has continued its upward momentum in the six months ended January 2015, with headline earnings per share rising by 26,4% on the back of a 39,4% increase in revenue to R4,6bn. Profit after tax increased by 37,7% to R340m, while cash shot
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
JSE-listed technology services group EOH has turned in a solid performance in its 2014 financial year. In the 12 months to 31 July 2014, it lifted headline earnings per share by 32% to R4,47 on the back of a robust improvement in revenue, which rose by 42% to R7,2bn. Profit after tax increased by 48%
The technology distribution business in South Africa has become “massively overtraded” and competitors are in a “race to the bottom” if they can’t diversify by entering complementary business areas. That’s the view of Miles Crisp, CEO of
JSE-listed EOH Holdings is hoping to attract American investors. The IT services company has launched an American depository receipt (ADR) programme in the US. “The launch of our ADR programme will enable international investors interested in companies in emerging markets to more easily invest
Fast-growing technology services group EOH has reported another strong set of numbers, with headline earnings per share in the six months ended 31 January 2014 up by 33,9% on the back of a 38,4% improvement in revenue. The strong upward move wasn’t enough to push up the share price, however, which was