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ALTRON LIMITED - Updated Trading Statement for the year ended 28 February 2025

Release Date: 13/05/2025 07:05
Code(s): AEL     PDF:  
Wrap Text
Updated Trading Statement for the year ended 28 February 2025

ALTRON LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share code: AEL
ISIN: ZAE000191342
("Altron" or "Altron Group" or "the Company")


UPDATED TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2025

Altron is currently finalising its annual financial results for the year ended 28 February 2025, which will be released 
on 26 May 2025. Shareholders are referred to the trading statement and operational update published on SENS on 24
February 2025. In line with the commitment to provide more specific guidance once there is reasonable certainty,
shareholders are hereby advised of the following updated guidance.

Headline earnings per share ("HEPS") and earnings per share ("EPS") compared to the year ended 29 February 2024 are 
expected to be within the ranges set out below:

                                                              Previously
                                                               published          Restated
                                                 FY25               FY24              FY24
                                              (cents)            (cents)        (cents)(1)       % changes(1)
 Continuing operations(2)
 HEPS                                      173 to 180                116               103          68% - 75%
 EPS                                       151 to 158                108                95          59% - 66%
 Group operations
 HEPS                                      131 to 136               (25)              (29)              >100%
 EPS                                       100 to 105               (43)              (45)              >100%

Notes:
1.   FY24 period which was restated in the unaudited consolidated interim results published on 1 November 2024 for
     the classification of Altron Document Solutions as a continuing operation. The % changes have been calculated
     using the restated results, as presented in the unaudited consolidated interim results for the six months ended 31
     August 2024.
2.   Continuing operations include: Netstar, Altron FinTech, Altron HealthTech, Altron Digital Business, Altron Security,
     Altron Document Solutions, Altron Arrow and excludes Altron Nexus.

The financial information on which this trading statement is based has not been reviewed, or reported on, by the
Company's external auditors.

ANNUAL RESULTS PRESENTATION

Altron Group CEO, Werner Kapp, invites all who would like to view the 2025 annual results webcast at 09:30am (CAT)
on 26 May 2025, to please register via the following link:
https://78449.themediaframe.com/links/altron250526.html

Johannesburg
13 May 2025

JSE Equity Sponsor
Investec Bank Limited

Date: 13-05-2025 07:05:00
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