Tag: Mteto Nyati

Altron slashes dividend, freezes salaries in response to COVID-19

Altron has seen an increase of 6 per cent and 2 per cent in its group revenue and headline earnings respectively for its year ended results. The company is committed to preserve cash during the uncertain COVID-19 economic climate and has declared a dividend that is 40 per cent less than what they would have declared, its 24 per cent decrease at 55 cents per share. Joining CNBC Africa for more is Mteto Nyati, CEO of Altron.

Altron eyes London listing for Bytes UK

Altron plans to separate its UK assets from its African operations via a London listing. The technology group says the listing, still at planning stage will unlock value for its shareholders. Mteto Nyati, CEO Altron joins CNBC Africa for more.

Altron CEO Mteto Nyati bags #AABLA2019 Business Leader of the Year

Altron CEO Mteto Nyati was named Business Leader of the Year at the All African Business Awards 2019 at the Sandton Convention Centre last night before hundreds of influential business leaders.

Altron CEO Mteto Nyati on earnings, Brexit & acquisition plans

Technology company Altron cited that it is on track to achieve its five-year goal of doubling its earnings before interest, taxes, depreciation and amortisation (EBITDA) by 2021.The group’s EBITDA rose to 19 per cent to R803 million for the period and saw a slight increase of 4 per cent for its headline earnings per share. Altron CEO, Mteto Nyati joins CNBC Africa for more.

Altron shoots the lights out of its revenue targets

Technology Company Altron has seen good growth in the past year. It’s achieved an increase in HEPS by 50 per cent and EBITDA from continuing operations increased by 30 per cent to R1.6 billion. All eyes are on Altron not only because of its results but also because of EOH losing the Microsoft licensing contracts. Mteto Nyati, CEO of Altron joins CNBC Africa for more.

Altron shoots the lights out of its revenue targets

Technology Company Altron has seen good growth in the past year. It’s achieved an increase in HEPS by 50 per cent and EBITDA from continuing operations increased by 30 per cent to R1.6 billion. All eyes are on Altron not only because of its results but also because of EOH losing the Microsoft licensing contracts. Mteto Nyati, CEO of Altron joins CNBC Africa for more.

Altron’s international operations boost earnings

Altron’s international operations boost earnings

Altron’s international operations boost earnings

Altron says that during the past six months of continuing operations presented a significantly improved performance with a 5 per cent increase in revenue to R6.8 billion and a 19 per cent increase in EBITDA to R501million. This growth was driven by the performance of the Group’s international operations. Altron Group CEO, Mteto Nyati joins CNBC Africa for more.
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