Denel reports better than expected earnings

PUBLISHED: Fri, 25 Aug 2017 15:26:12 GMT


Denel released its financial results and according to the Acting Chief Executive, Zwelakhe Ntshepe, the company managed to perform better than anticipated. The company reported an increase in revenue of R8 billion. CNBC Africa is joined by Odwa Mhlwana, Group Financial Director at Denel to unpack the numbers.