Even in the face of low economic growth locally, Mark van
Earnings before interest, tax, depreciation and amortisation were up 4% to R118.9m, but group earnings per share were 12.9c, with headline earnings per share at 10.7c.Vuuren told Business Day that the company was restructuring to focus on three main areas: information communication technology , power and renewable energy, as well as security and fire solutions.
Jasco’s plan is to move from a physical-product selling model to annuity-based income. The company plans to move from selling solar power-generation units, to rather build infrastructure that customers can lease for 15-20 years through a power-purchasing agreement.