JSE-listed Allied Electronics (Altron) has transformed itself into a “markedly different� entity over the past 18 months, with the firm now seeing positive progress after getting its strategy back on track during the first half of 2016. In the six months to August, the company pulled its earnings out of the red, with basic earnings per share (EPS) increasing to 6c, compared with a basic loss per share of 151c during the corresponding period last year.
Source: www.engineeringnews.co.za
Altron shows H1 improvement on revised strategy
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