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Altron - voluntary operational update
Altron issued a voluntary operational update for FY2026, indicating that headline earnings per share (HEPS) and earnings per share (EPS) from continuing operations are expected to exceed the prior year by more than 30%. The company experienced strong operational momentum, with continuing operations delivering low double-digit EBITDA growth and over 20% operating profit growth year-to-date. The Platforms segment contributed approximately 45% to revenue and 90% to EBITDA and operating profit, driven by Netstar, Altron FinTech, and Altron HealthTech. Despite challenges in the IT Services segment, restructuring efforts and cost reductions have improved profitability. Altron maintains a disciplined capital approach, with cash flows strengthening and over 65% of revenue derived from annuity income.
Altron will host a virtual pre-close investor call for the year ending 28 February 2026, ahead of the commencement of the closed period. The pre-close investor call will take place on Tuesday 24 February 2026, at 2:00pm CAT. Shareholders and analysts are invited to register via the following link: https://www.corpcam.com/Altron24022026. Further details to be communicated at the presentation of Altron's FY2026 results, expected to be released on SENS on or about 25 May 2026, and Altron expects to host a capital markets day in June 2026.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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