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Altron Limited (AEL) investor relations material
Altron Limited H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong performance in continuing operations for the six months ended 31 August 2025, with EBITDA up 4% to R938m and operating profit up 15% to R549m, despite a 1% revenue decline to R4.8bn.
Platform businesses delivered double-digit revenue and operating profit growth, offsetting significant headwinds in IT services and distribution.
Interim dividend increased by 20% to 48cps, with a payout ratio of 48% of headline earnings per share.
Sale of Altron Nexus completed during the period, impacting group revenue and EPS.
Launched South Africa's first operational AI Factory, supporting customer AI development and innovation.
Financial highlights
EBITDA up 4% to R938m and operating profit up 15% to R549m in continuing operations; headline earnings per share up 22% to 96c, and EPS up 12% to 84c.
Group results: revenue down 4%, EBITDA up 2%, operating profit up 11%, headline EPS up 18%, but group EPS down 6% due to Nexus disposal.
Cash generated from operations up 7% to R784m; net cash of R324m after loan and dividend payments.
Dividend payout policy increased to at least 50% of headline earnings per share.
Capital expenditure totaled R370m, with R342m directed to growth initiatives.
Outlook and guidance
Medium-term operating profit margin target for platform businesses raised to above 22%; Netstar targeted for above 18%, IT services for above 7%.
No significant improvement expected in the operating environment; focus remains on disciplined execution, margin expansion, and capital allocation to platforms.
Dividend policy to maintain at least 50% payout of headline earnings per share.
- TimeTickerHeadlineOpen
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Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026.
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