Altron jumps from loss to profit

MyBroadband

Altron’s strong financial performance for the year ending Feb 28, 2025, saw a comprehensive profit of R355 million. CEO Werner Kapp credited disciplined strategy execution for success amid economic and political uncertainty. EBITDA rose by 27% to R1.8 billion, with the Platforms segment driving double-digit revenue and profit growth. Revenue decreased to R9.6 billion from R10 billion.
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Daily Dive
Daily Dive
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