Page 85 - Profile's Stock Exchange Handbook 2020 Issue 4
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Profile’s Stock Exchange Handbook: 2020 – Issue 4                        JSE – ALL
                                                              POPULAR BRAND NAMES: Altron TMT, Altron
         Allied Electronics Corporation Ltd.                   Nexus, Altron Nexus Solutions, Altron Nexus
        ALL                                                    Distributors, Altron Nexus @Connect, Altron
                                                               Bytes Systems Integration, Altron Karabina,
                                                               Bytes UK, Netstar, Altron Bytes Document
                                                               Solutions, Altron Bytes Managed Solutions,
                                                               Altron Bytes People Solutions, Med-e-Mass,
                                                               MedeServe, MediSwitch, ACS, Delter, NuPay,
                                                               Cybertech
                                                  Scan the QR code to  POSTAL ADDRESS:POBox981, Houghton,2041
                                                   visit our Investor  EMAIL: info@altron.com
       ISIN: ZAE000191342  SHORT: ALTRON  CODE: AEL   Centre
       REG NO: 1947/024583/06  FOUNDED: 1965  LISTED: 1979    WEBSITE: www.altron.com
                                                              TELEPHONE: 011-645-3600
        NATURE OF BUSINESS:                       COMPANY SECRETARY: WK Groenewald FCG (for Altron Management
        Allied Electronics Corporation Ltd. (Altron) is domiciled in  Services (Pty) Ltd.)
        South Africa and listed on the Johannesburg Stock Exchange  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
                                                  SPONSOR: Investec Ltd.
        (JSE). Altron is invested in the information and communica-  AUDITORS: PwC Inc.
        tions technology sector (ICT). Altron’s solutions and services  BANKERS: Absa Bank Ltd., Investec Bank Ltd., Nedbank Ltd., a division of
        are clustered into the four segments of its ICT capabilities,  Nedcor Bank Ltd., Rand Merchant Bank, a division of FirstRand Bank Ltd.,
        namely Digital Transformation, Smart IoT, ManagedServices,  The Standard Bank of South Africa Ltd.
        Fintech and Healthtech. Altron creates value by providing in-  SEGMENTAL REPORTING as at 29 Feb 20 (asa%of Revenue)
        novative and end-to-end technology solutions to business,  Digital Transformation  64.00%
        government and consumers. Altron has a direct presence in  Managed Services  19.88%
                                                                                      9.22%
                                                    Smart IoT
        twelve African countries (including the United Arab  Healthtech/Fintech       7.36%
        Emirates), Australia and the United Kingdom. The Altron  Other                -0.46%
        head office is located in Johannesburg, South Africa. Altron’s
        strategic partnerships with leading international technology  CALENDAR  Expected  Status
        companies offers the group an indirect presence in several  Next Interim Results  Oct 2020  Unconfirmed
        countriesacrossAfricaandthe Middle East. The AltronGroup  Next Final Results  May 2021  Unconfirmed
        employs approximately 7 330 employees globally.  Annual General Meeting  Jul 2021  Unconfirmed
       SECTOR: Tech—Tech—Software&Computer Srvcs—Computer Srvcs
       MAJOR ORDINARY SHAREHOLDERS as at 29 Feb 2020  CAPITAL STRUCTURE  AUTHORISED  ISSUED
         Coronation Asset Management      25.75%  AEL  A ords no par value  500 000 000  401 321 820
         Value Capital Partners           20.97%  DISTRIBUTIONS [ZARc]
         Biltron                          14.07%  A ords no par value   Ldt     Pay    Amt
       NOTES: Altron delisted the N ordinary shares from the JSE as of 4 April  Final No 71  2 Jun 20  8 Jun 20  26.00
        2017.
                                                  Interim No 70     12 Nov 19  18 Nov 19  29.00
       FINANCIAL STATISTICS                       Final No 69       28 May 19  3 Jun 19  44.00
       (R million)  Feb 20  Feb 19  Feb 18  Feb 17  Feb 16  Interim No 68  13 Nov 18  19 Nov 18  28.00
                     Final  Final Final(rst) Final(rst)  Final
       Turnover     16 713  15 723  14 743  13 892  14 357  LIQUIDITY: Sep20 Ave 2m shares p.w., R55.6m(31.3% p.a.)
       Op Inc        1 091  1 015  745  736  633          ELEE       40 Week MA   ALTRON
       NetIntPd(Rcvd)  234  176  178   223  161
       Tax            185  158   145   98   114                                        2810
       Minority Int   - 12  39   - 19  - 117  - 227
                                                                                       2339
       Att Inc        670  711   187  - 185  - 873
       TotCompIncLoss  627  870  100  - 496  - 949                                     1869
       Hline Erngs-CO  677  663  441   387  425
       Fixed Ass      648  620   615   569  618                                        1398
       Inv in Assoc   15    19    20   23     4
                                                                                       928
       Inv & Loans     -     -   468   302  199
       Def Tax Asset  134  155   214   198  256                                        457
       Tot Curr Ass  9 118  7 430  6 138  6 991  11 643  2015  |  2016  |  2017  |  2018  |  2019  |  2020
       Ord SH Int    3 939  3 535  2 790  2 268  2 847
       Minority Int  - 176  - 162  - 245  - 240  - 111  Recent Announcements
       LT Liab       2 502  1 424  1 580  2 048  2 714  Thursday, 16 July 2020: Shareholders are advised that the results of
       Tot Curr Liab  7 360  6 804  5 811  5 808  8 997  thebusinessconductedattheAltronannualgeneralmeetingheld
       PER SHARE STATISTICS (cents per share)      through electronic communication on Wednesday, 15 July 2020
       EPS (ZARc)   180.00  192.00  51.00  - 54.00  - 259.00  are as follows:
       HEPS-C (ZARc)  182.00  179.00  119.00  114.00  126.00  Total number of issued ordinary shares 400 477 483
       Pct chng p.a.  1.7  50.4  4.4  - 9.5  - 8.0
       Tr 5yr av grwth %  7.8  2.0  0.4  - 6.6  - 8.0  Numberofordinary sharesrepresentedatthe meeting340204009
       DPS (ZARc)    55.00  72.00  -    -     -    Percentage of voteable ordinary shares represented at the
       Pct chng p.a.  - 23.6  -   -     -  - 100.0  meeting 90.97%
       Tr 5yr av grwth %  - 24.7  - 32.3  - 25.6  - 32.5  - 35.5  Annual financial statements
       NAV PS (ZARc)  1 061.00  885.12  752.00  669.00  845.00  The annual financial statements of the company, incorporating
       3 Yr Beta     0.11  - 0.03  0.64  1.16  0.93  the external auditor, audit committee and directors’ reports for
       Price High    2 875  2 029  1 394  1 198  1 778  the year ended 29 February 2020, were presented.
       Price Low     1 400  1 200  950  463  401
       Price Prd End  2 019  1 880  1 245  1 035  550  Accordingly, all the resolutions as set out in the notice of annual
       RATIOS                                      general meeting, were passed by the requisite majority of votes.
       Ret on SH Fnd  19.40  21.30  16.70  - 11.40  - 19.80  The special resolutions will, to the extent necessary, be filed and
       Ret On Tot Ass  10.60  13.40  10.20  - 8.30  - 0.60  registered with the Companies and Intellectual Property Com-
       Oper Pft Mgn  6.53  6.46  4.50  3.10  - 0.30  mission.
       D:E           1.02  0.92  1.16  1.68  1.83
       Int Cover     4.66  5.77  4.19  3.30  3.93  Monday, 13 July 2020: Shareholders are referred to the announce-
       Current Ratio  1.24  1.09  1.06  1.20  1.29  ment released on SENS on 25 June 2020 wherein the Company
       Div Cover     3.27  2.67   -     -     -    updated shareholders on the potential separation and listing of
       NUMBER OF EMPLOYEES: 7 331                  Altron’s United Kingdom subsidiary, Bytes Technology Group
       DIRECTORS: Leeming M J (Chair, ind ne), Nyati M (CE),  Ltd. (“Bytes UK”) on the Main Market of the London Stock
        Miller C (CFO), BallAC(ne), DawsonBW(ne), FrancisBJ(ind ne),  Exchange with a secondary listing of Bytes UK on the Johannes-
        GelinkGG(ind ne), Mnganga Dr P (ind ne), Sithole S (ne),
        Van GraanSW(ind ne), VenterRE(ne)          burg Stock Exchange.
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