JSE-listed technology group Altron has delivered a strong set of results for the six months ended 31st August 2025, growing profits and rewarding shareholders with a 20 increase in its interim dividend.
Group operating profit from continuing operations increased 15 to R549 million, driven by an excellent performance in the Platforms segment, with headline earnings per share from continuing operations climbing 22 to 96 cents. A tough trading environment in IT services led to a 1 decline in group revenue to R4.8 billion, however despite the decline, the company's focus on higher margin annuity revenue streams resulted in further improvements in profitability.
"I am pleased with this period's strong financial performance in a challenging economic environment. I am particularly encouraged by the growth and returns in our Platforms segment, which we continue to invest behind in line with our strategy. Our strong financial position and cash flow generation have allowed us to increase our interim dividend."
