Consumer Research Africa

ALTRON (AEL) Results Snapshot FY22

Diluted HEPS 37cps compared to 134cps (restated) LY. DHEPS from Continuing Operations improved from 36cps to 51cps (+37.8% y-y). Discontinued Ops DHEPS of -14cps (LY 97cps).
Normalised HEPS increased 82.9% y-y to 75cps.
Revenue improved by 5.7% y-y to R7 930m.
OPM decreased from 4.6% to 3.6%.
Expenses increased by 6.9% y-y to R7 706m. Expense to sales increased to 97.2%.
30cps dividend declared.
Cashflow from operations down -54% y-y.
Gross debt up 42% y-y.