Technology firm EOH has reported another strong performance largely helped by existing businesses, which accounted for 80% of revenues for the six months to January. But an analyst warned the group’s growth was starting to slow down. EOH’s revenue for the half-year to January rose 21% to R7.2bn while headline earnings per share were up 22% to 438c. Net profit rose 29% to R597.4m. EOH has reported steady growth over a decade, helped by acquisitions and existing businesses. It has expanded into more than 20 countries across Africa and the Middle East. EOH provides a range of software and hardware services and products and also business process outsourcing services. CEO Asher Bohbot said all EOH’s operations had recorded strong performances and the trend was expected to continue. "EOH responds to the needs and requirements of the economy and all its customers," he said. Bohbot said the main growth drivers remained the development of new and additional software products and expansion in...
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