Altron sees profit increase despite digital business slowdown

Loading player...
GUEST: Werner Kapp – CEO, Altron

Despite headwinds in South Africa’s IT services market, Altron has delivered a strong set of interim results growing operating profit by 15% to R549 million and rewarding shareholders with a 20% increase in its interim dividend.

The technology group’s Platforms segment led the charge, with headline earnings per share up 22%, even as group revenue slipped slightly to R4.8 billion.
3 Nov 3PM English South Africa Business News · Investing

Other recent episodes

A New Chapter for TymeBank: Cheslyn Jacobs Takes the Helm

GUEST: Cheslyn Jacobs – Incoming CEO, TymeBank TymeBank is ushering in a new era of leadership as Cheslyn Jacobs steps into the CEO role on 1 January 2026, succeeding Karl Westvig, who will move into an advisory position. A founding team member of TymeBank, Jacobs brings over a decade of…
3 Nov 3PM 20 min

South Africa’s factory sentiment slips back into contraction.

GUEST: Sello Sekele – Economist, ABSA South Africa’s factory floor is losing rhythm again. The ABSA Purchasing Managers’ Index (PMI) slipped back below the crucial 50-point mark in October, dropping to 49.2 from 50.8 the previous month signalling renewed contraction in the country’s manufacturing activity. The data paints a picture…
3 Nov 3PM 16 min

South Africa’s Auto Jobs in focus: Wage Talks, Stability and Global Competitiveness.

GUEST: Abey Kgotle – Chairperson of the Automobile Manufacturers Employers Organisation (AMEO) and Executive Director of Human Resources at Mercedes-Benz South Africa South Africa’s automotive industry the country’s largest manufacturing employer and a cornerstone of its export economy is at a critical crossroads. Wage negotiations between vehicle manufacturers and the…
3 Nov 3PM 10 min

Redefine’s Recovery Story — Dividends, Optimism and a Stronger Portfolio

GUEST: Andrew König – CEO, Redefine Properties Redefine Properties has ended its financial year on a high note, lifting its dividend by 7.8% and growing Group revenue to R11.1 billion. The JSE-listed property giant, with a portfolio worth over R103 billion across South Africa and Poland, says it’s in “far…
3 Nov 3PM 11 min