Altron publishes strong results despite impact of COVID-19

Hanno Labuschagne

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Altron publishes strong results despite impact of COVID-19

Altron has published its unaudited financial results for the six months ended 31 August 2020, which reflect the impact of the COVID-19 pandemic on the business.

The results showed that headline earnings per share from continuing operations were up 28% to 83 cents while basic earnings per share increased by 27% to 85 cents.

“Despite the economic upheaval from Covid-19 pandemic, the Board decided to pay an interim dividend of 33c per share, up 14% from the previous interim period,” said Altron Group CEO Mteto Nyati.
 
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