Altron expects revenue jump — and a big earnings drop

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 67%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Altron has informed shareholders that it expects to report a big drop in earnings along with a substantial rise in revenue during its full-year results.

Altron has informed shareholders that it expects to report substantial increases in revenue and earnings in its annual financial results for the year ended 28 February 2023.

“Notwithstanding the increasingly tough trading conditions, the Group’s continuing operations have pleasingly delivered robust double-digit revenue growth year-on-year, evidencing Altron’s resilient high annuity base,” the company said. “Both businesses are implementing their accelerated performance improvement strategies, which are gaining positive momentum in FY24,” it said.

Improved hardware sales in Altron FinTech, Altron Managed Solutions , and Altron Arrow on the back of intensifying product demand.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 11. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Altron forecasts drop in headline earnings amid pressure on Netstar and ASIThe technology firm has undergone significant changes over the past few years as it changed its strategy
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

Altron forecasts drop in headline earnings amid pressure on Netstar and ASIThe technology firm has undergone significant changes over the past few years as it changed its strategy
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

US earnings season starts with a bang thanks to big banks[ICYMI] MoneywebNow podcast with SimonPB, outlook for US earnings season and the hard-hitting impact of load shedding on the steel and engineering sector. Download podcast:
Fonte: Moneyweb - 🏆 5. / 77 Consulte Mais informação »

JSE slightly firmer as focus turns to US bank earningsInvestors are watching banks’ results closely for clues about how the sector fared after the collapse of Silicon Valley Bank and Signature Bank
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »