How waiting 5 years let Altron buy Altech for half price

As we all know, timing is everything. When it comes to finding a job, getting married, having kids, or buying a business, timing is always a crucial factor, and this remains true whether we’re talking about people or whole businesses. Take, for example, Altron’s acquisition of Altech. Back in 2007, Altron already owned 56% of … Read more

Altron results – 49% increase in HEPS

From SENS Altron has released its finalised 28 February 2014 year end financial results. During the year, Altron achieved good revenue growth of 12% to R27.8 billion, as well as a very pleasing 49% increase in normalised headline earnings per share (normalised HEPS) to 206 cents. The share price is trading down on the day (12h30), … Read more