EOH: the big shrink continues
The former IT darling might be a radically smaller version of itself, but it's profitable and finally winning new deals
22 April 2021 - 05:00
Technology group EOH continues to shrink, but the IT services group is finally back in profit.
Still, the company has a stubborn pile of debt to shift — R1.8bn according to its latest results — and the sale of "good" assets means the jury’s still out as to its growth prospects after three harrowing years of a clean-up under CEO Stephen van Coller...
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