Altron's profitability surges, driven by platforms segment growth

Altron Limited (JSE:AELE) announced its audited consolidated results for the year ended 28 February 2025, showcasing strong growth in profitability. Revenue remained steady at ZAR9.6 billion, with a 3% increase excluding the impact of the ATM Business sale. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose by 27% to ZAR1.8 billion, while operating profit surged by 50% to ZAR972 million. Headline earnings per share (HEPS) increased by 73% to 178 cents, and earnings per share (EPS) rose by 64% to 156 cents. The Platforms segment was a key growth driver, with revenue up 12% and EBITDA up 23%. The Group's net cash position improved significantly, reaching ZAR993 million. A final dividend of 50 cents per share has been declared. Looking ahead, Altron remains focused on its strategy and aims for continued growth in a constrained economic environment.