Altron (AEL) FY25 – Results Snapshot

Diluted HEPS from total operations 130cps (FY24 restated: -29cps). DHEPS from continuing operations increased from 101cps to 173cps.
Revenue declined from R9 603m (restated) to R9 588m. Growth was driven by the Platforms segment (+11.5% y-y), but was weighed down by Digital Business (-8.9% y-y), Security (-11.6% y-y) and Arrow (-16.6% y-y).
OPM improved from 6.4% (restated) to 8.9%.
Expenses decreased by 2.6% y-y to R8 843m. Expense to sales decreased from 94.5% (restated) to 92.2%.
Dividend of 90cps.
Cashflow from operations increased by 12.9% y-y to R1 575m.
Gross debt fell by 0.5% y-y to R840m.