Altron says that subsidiaries Altron Nexus and Altron Document Solutions are being classified as held-for-sale and will be considered discontinued operations for the company.
JSE listing requirements stipulate that companies must publish a trading statement as soon as they are reasonably sure their financial results will differ by at least 20% from the previous corresponding period. Earnings per share from continuing operations could swing anywhere from a 11% decrease to an 8% increase — a range of 33–40 cents per share in the positive.— the phase 2 extension of the contract ended in May 2023. This accounted for a material portion of Altron Nexus’ profits. Phase 3 was not awarded to Altron Nexus, resulting in a retrenchment process.
“Following the unsuccessful sale of Altron Document Solutions to Bi-Africa Investment, Altron Document Solutions appointed Warren Mande, the previous managing director of Altron Managed Solutions, to restructure the business with a focus on cost optimisation, cash generation and working capital management.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Bron: mybroadband - 🏆 11. / 67 Lees verder »
Nedbank's specialists offer tailor-made business solutionsSPONSORED | Most manufacturing businesses have tried to work around load-shedding, but anything above level 4 is crippling. Nedbank has come up with solutions for clients.
Bron: SundayTimesZA - 🏆 47. / 51 Lees verder »
Nedbank's specialists offer tailor-made business solutionsSPONSORED | Nedbank is a trusted partner to its business clients as it helps them navigate load-shedding and other challenging economic conditions.
Bron: BDliveSA - 🏆 12. / 63 Lees verder »