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Altron's share price rises after the streamlined ICT group posts strong financial results
Cape Times
|May 27, 2025
JSE-listed ICT group Altron's share price increased over 3% on Monday after reporting a substantial 73% hike in headline earnings per share of continuing operations to 173 cents for the year to March 31, 2025.
There was strong growth in profitability, primarily driven by the Platforms segment. A 50 cent a share final dividend was up 52% over last year.
Revenue of continuing businesses was flat at R9.6 billion, impacted by the sale of the ATM Business hardware and support operations. Excluding ATM Business, revenue increased by 3%.
The share was trading at R24.16 on Monday afternoon on the JSE, a price that had rallied from R13.20 a year ago.
यह कहानी Cape Times के May 27, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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