iOCO says it plans to grow after posting standout results
iOCO is entering its next phase of growth in South Africa, and according to the group's CFO, Ahona Kooblall, deploying talent and capital in the right areas will be critical to its vision.
The company formerly known as EOH Holdings...
iOCO turnaround
iOCO, formerly EOH Holdings, has published a trading update for the year ended 31 July 2025, revealing that it expects significant operating profit and earnings growth.
The company said it expects operating profit to grow by 260% to 285%, to between R395 million and R420 million.
Investors dump EOH
Investors dumped EOH shares ahead of its R600 million rights issue as the company’s latest financial results showed a huge EBITDA decline and a swing back to an operating loss.
On Tuesday, EOH released a pre-closing stakeholder update for the six months ending 31 January...