JSE-listed Reunert reported “marginal” year-on-year growth in its ICT segment in the six months to 31 March 2025.
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Shares in Reunert fell sharply on Wednesday, before regaining some ground, after a weaker-than-expected trading update.
Reunert has named a new group chief financial officer to replace long-serving CFO and executive director Nick Thomson.
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The merged entity has received a brand refresh as Reunert’s combined IT integration business.
Reunert’s interim results, though positive, would have been better had Nashua not been impacted by the logistics crisis at South Africa’s ports.
Reunert has announced it will merge IQbusiness and +OneX to create a single, client-focused IT integration business.
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Reunert’s latest numbers show it’s been able to grow despite the state of South Africa’s economy.