JSE-listed technology firm Altron, whose share price has risen four-fold over the past four years, said on Thursday that it is confident it will meet its target of doubling earnings by 2021.
The group, headed by former MTN CEO Mteto Nyati, grew its earnings before interest, taxation, depreciation and amortisation (ebitda) 19% to R803m in its six months to end-August, though this was partially due to accounting changes. Without accounting changes, which brings leases on to the balance sheet, ebitda rose 9%...
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