Altron share price slumps after earnings warning
05 May 2022 - 13:48
UPDATED 05 May 2022 - 19:35
Altron shares slumped almost 5% on Thursday after the company forecast that full-year earnings will plunge by as much as three-quarters on impairments and the exclusion of Bytes UK’s results.
The stock ended the day at R8.70, down 4.81% after the company reported group headline earnings per share (Heps) for the year ended February are expected to be between 32c and 42c, down 69%-77%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.