Metrofile ups dividend after boost from digital services
Revenue from divisions such as cybersecurity surged 43% in the half-year to end-December, helping to lift group income
07 March 2022 - 09:18
UPDATED 07 March 2022 - 17:10
Document and storage management specialist Metrofile, which is working to grow its technology unit thereby reducing reliance on legacy physical operations, says its investment in digital services such as virtual storage paid off in its half-year to end-December, more than offsetting a decline in demand for paper-based storage.
Its revenue rose 4% to R474m in the half-year to end-December, with headline earnings growing slightly to R64.59m, with the group also encouraged by an uptick in office activity as lockdown restrictions ease...
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