TECHNOLOGY group EOH on Wednesday reported a 25% rise in net profit to R930m in the year to June from the year-earlier period.The R21.42bn company attributed the performance to a combination of strong organic growth and recent acquisitions. EOH acquired several businesses in the review period, including Mehleketo, which focuses on rail technology."EOH continued its strategy to consolidate and complement its existing services with strategic acquisitions," the company said in a statement.It also focused on growing its local business offerings and expanding into the rest of Africa and the Middle East.The company has a wide range of IT services, software, IT infrastructure, industrial technologies and outsourcing solutions.Revenue was up 31% to R12.76bn, with 86% generated from SA. Headline earnings per share (HEPS) rose 25% to R7.19.The company declared a dividend of R1.85 per share, which was 23% higher on the year-earlier period.
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