Altron’s turnaround under CEO Mteto Nyati is gathering a head of steam. The JSE-listed technology group expects interim headline earnings from continuing operations to surge by as much as 52%.
Browsing: Powertech Transformers
Altron has taken another big step in shedding its legacy industrial assets as the JSE-listed technology group transforms into an ICT-focused business.
JSE-listed technology group Altron will in future be a significantly smaller business focused on the IT and telecommunications industries as it sheds non-core assets and loss-making businesses, especially in the legacy power infrastructure side of its business. Robbie Venter has resolved
It’s been 50 years since Bill Venter, then a 33-year-old telecommunications engineer, founded Allied Electric, the company that would go on to become the Altron group. Alongside publication of its results for the year ended February 2015, Altron