Altron pins hopes on annuity revenue as profit jumps almost 60%
CEO Werner Kapp and CFO Carel Snyman highlight efforts to grow this type of turnover during presentation of group’s earnings
26 May 2025 - 08:32
UPDATED 26 May 2025 - 19:25
Altron is on a mission to boost its annuity revenue streams as it sees these as more profitable and a good way to predict future finances.
Annuity revenue refers to a regular stream of income generated from a contractual agreement in which an individual or entity receives a series of payments over a specified period...
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