The company - with operations spanning fintech, telematics, IT services, security and document solutions - said the operating environment for IT services has been "appreciably more challenging" than a year ago, both globally and in South Africa, with constrained IT budgets and weak consumer spending.
Group revenue is expected to be marginally softer, with continuing operations flat for the period. Earnings before interest, tax, depreciation and amortisation Ebitda are anticipated to be in line with the first half of the 2025 financial year, while operating profit is set to show single-digit growth.
Altron's "platforms" segment, anchored by Altron Fintech and vehicle-tracking unit Netstar, delivered double-digit revenue growth, supported by strong annuity income streams. Fintech led the charge, with robust gains in revenue, Ebitda and operating profit, driven by increased SME customer acquisition and rising transaction volumes.