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Fri 13 Jun 2025
Close: 2 091c 
Day's move: -149c (-6.65%)
Volume: 558 793
Trades: 1 116
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Continuing operations
Revenue for the year was R9.6 billion (2024: R9.6 billion) while operating profit jumped to R852 million (2024: R615 million). Net profit attributable to Altron equity holders was up at R591 million (2024: R360 million). Furthermore, headline earnings per share increased to 178 cps (2024: 103 cps).
Final dividend
The Board approved a 52% increase in the final dividend to 50 cents per share (40.00 cents net of 20% dividend withholding tax) for the year ended 28 February 2025.
Company outlook
Altron remains committed to the disciplined execution of its strategy, which is underpinned by a strong annuity revenue base, a robust balance sheet, and exposure to structurally attractive, high-growth markets. Over the past two years, the Group has delivered consistent, high double-digit growth in profitability from continuing operations, supported by sustainable operational improvements.
While the strategy and core fundamentals remain sound, the operating environment is expected to remain constrained, with heightened economic uncertainty and market volatility continuing to impact customer spending patterns, particularly in the IT Services segment, which may impact Altron's growth into FY26.
Against this backdrop, the Group remains focused on executing its strategy, prioritising capital allocation into platform businesses, and investing for long-term value creation. Altron remains committed to its medium-term (3–5 year) operating profit margin targets of +19% in the Platforms segment and +7% in the IT Services segment, as well as its dividend policy of paying out at least 50% of HEPS from continuing operations.
Results presentation
An investor presentation will be hosted at 9:30am CAT on 26 May 2025 to present the Group's financial results for the year ended 28 February 2025. A webcast of the presentation can be accessed via the following link: click here (78449.themediaframe.com/links/altron250526.html)
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| Click here for Results In Brief |
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| Click here for Results Analysis |
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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