The JSE-listed software services group reported a rare slide in profitability for the year ended 30 June 2019 and has deferred a decision on a dividend payment to shareholders to the end of the year.
Browsing: Sbu Shabalala
Listed software group Adapt IT has delayed publication of its annual results to mid-October and warned of a fall in headline earnings per share.
TechCentral’s interview with Brett and Mark Levy, the co-CEOs of Blue Label Telecoms, was by far TechCentral’s most popular podcast in September 2018, according to statistics from platform partner iono.fm.
In this episode of the podcast, Duncan McLeod interviews Sbu Shabalala, CEO of the fast-growing JSE-listed software specialist Adapt IT.
Adapt IT will continue aggressively to buy back its own “undervalued” shares, CEO Sbu Shabalala said.
A solid improvement in organic growth, coupled with the contribution of acquisition Micros, has propelled Adapt IT’s turnover higher by 46% in the six months to 31 December 2017. This in turn sent the software
Adapt IT on Wednesday issued a strong trading update, telling shareholders that it expects headline earnings per share to rise by between 20% and 25% for the six months ended 31 December 2017, despite
Adapt IT CEO Sbu Shabalala believes the JSE-listed software group is weathering South Africa’s tough economic conditions well and has said it will lift organic growth in the new financial year above the
Newly appointed Altron CEO Mteto Nyati has spoken out against “radical economic transformation”, warning that in the short term politicians will use it to convince people that it will benefit them, while in the long
Organic growth at small-cap technology stock Adapt IT has slowed from 9% to 4% as clients in the higher education, manufacturing, resources and banking segments curb their spending in the face