Page 82 - SHB 2021 Issue 4

JSE – ALT Profile’s Stock Exchange Handbook: 2021 – Issue 4
POPULAR BRAND NAMES: Altron Security,
Altron Ltd. Altron TMT, Altron Nexus, Altron Systems
Integration, Altron Karabina, Netstar, Altron
ALT
Document Solutions, Altron Managed Solutions,
Altron People Solutions, Altron Arrow, Altron
Healthtech, Altron Fintech
POSTAL ADDRESS:POBox981, Houghton,2041
EMAIL: info@altron.com
WEBSITE: www.altron.com
Scan the QR code to TELEPHONE: 011-645-3600
visit our Investor COMPANY SECRETARY: Nicole Morgan
ISIN: ZAE000191342 SHORT: ALTRON CODE: AEL Centre
REG NO: 1947/024583/06 FOUNDED: 1965 LISTED: 1979 TRANSFER SECRETARY: Computershare
Investor Services (Pty) Ltd.
NATURE OF BUSINESS: SPONSOR: Investec Ltd.
Altron Ltd. (Altron) is domiciled in South Africa and listed on AUDITORS: PwC Inc.
BANKERS: Absa Bank Ltd., Investec Bank Ltd., Nedbank Ltd., a division of
the Johannesburg Stock Exchange (JSE). Altron is invested in Nedcor Bank Ltd., Rand Merchant Bank, a division of FirstRand Bank Ltd.,
the information and communications technology sector The Standard Bank of South Africa Ltd.
(ICT). Altron's solutions and services are clustered into the SEGMENTAL REPORTING as at 31 Aug 20 (asa%of Revenue)
three segments of its ICT capabilities, namely Digital Trans- Digital Transformation 78.56%
9.15%
Smart IoT
formation, Managed Services and Own Platforms. Altron Managed Services 8.26%
creates value by providing highly differentiated end-to-end Healthtech/Fintech 6.56%
technology solutions to business enterprises. Altron's growth Other -2.53%
areas are Security; Cloud; Data; and Automation. Altron has a
CALENDAR Expected Status
direct presence in the Middle East, Australia and the United Next Final Results May 2022 Unconfirmed
Kingdom. The Altron head office is located in Johannesburg,
South Africa. The Altron Group employs approximately 7 700 Annual General Meeting Jul 2022 Unconfirmed
employees globally. Next Interim Results Oct 2022 Unconfirmed
SECTOR:Technology—Technology—Software&CompSer—ComputerService CAPITAL STRUCTURE AUTHORISED ISSUED
MAJOR ORDINARY SHAREHOLDERS as at 28 Feb 2021 AEL A ords no par value 500 000 000 405 635 971
Coronation Asset Management 25.14% DISTRIBUTIONS [ZARc]
Value Capital Partners 19.60%
Biltron 13.98% A ords no par value Ldt Pay Amt
NOTES: Allied Electronic Corporation Ltd. renamed to Altron Ltd. on 25 Interim No 74 9 Nov 21 15 Nov 21 7.00
August 2021. Final No 73 1 Jun 21 7 Jun 21 15.00
Special 11 May 21 17 May 21 96.00
FINANCIAL STATISTICS Interim No 72 10 Nov 20 16 Nov 20 33.00
(R million) Aug 21 Feb 21 Feb 20 Feb 19 Feb 18
Interim Final(rst) Final(rst) Final(rst) Final(rst) LIQUIDITY: Oct21 Ave 2m shares p.w., R32.0m(27.0% p.a.)
Turnover 3 544 7 089 7 383 15 723 14 743 SCOM 40 Week MA ALTRON
Op Inc 119 331 457 1 015 745
NetIntPd(Rcvd) 68 180 255 176 178
Tax 17 30 50 158 145 2823
Minority Int 6 - 12 - 28 39 - 19
Att Inc - 36 12 154 656 711 187 2187
TotCompIncLoss - 59 12 107 597 870 100
1550
Hline Erngs-CO 40 129 141 663 441
Fixed Ass 447 422 597 620 615 914
Inv in Assoc 65 47 58 19 20
Inv & Loans - - - - 468 2016 | 2017 | 2018 | 2019 | 2020 | 2021 277
Def Tax Asset 194 151 134 155 214
Tot Curr Ass 3 120 4 742 9 063 7 430 6 138 Recent Announcements
Ord SH Int 4 322 4 764 3 944 3 535 2 790 Altron interim results August 2021 - Monday, 25 October 2021:
Minority Int 104 102 - 193 - 162 - 245 Revenue from continuing operation for the interim period came
LT Liab 1 768 1 764 2 502 1 424 1 580 to R3.5 billion (2020: R3.5 billion) and earnings before interest,
Tot Curr Liab 2 144 3 117 7 360 6 804 5 811
tax, depreciation and amortisation ("EBITDA") increased by
PER SHARE STATISTICS (cents per share) 10% to R487 million (2020: R442 million). Operating profit
EPS (ZARc) - 10.00 3 270.00 174.00 192.00 51.00 grew to R119 million (2020: R106 million). Profit for the period
HEPS-C (ZARc) 11.00 35.00 38.00 179.00 119.00 from continuing operations rose to R34 million (2020: loss of
Pct chng p.a. - 37.1 - 7.9 - 78.8 50.4 4.4 R58 million). Furthermore, headline earnings per share from
Tr 5yr av grwth % - - 8.3 - 8.3 2.0 0.4
DPS (ZARc) 7.00 144.00 55.00 72.00 - continuing operations recovered to 11 cents per share (2020:
Pct chng p.a. - 161.8 - 23.6 - - headline loss per share of 8 cents per share).
Tr 5yr av grwth % - 27.6 - 24.7 - 32.3 - 25.6 Interim dividend
NAV PS (ZARc) 1 166.70 1 192.25 1 061.00 885.12 752.00 The Board remains committed to maintaining the group's
3 Yr Beta 0.32 0.08 0.11 - 0.03 0.64 dividend cover of 2.5 times on headline earnings relating to con-
Price High 1 242 3 500 2 875 2 029 1 394 tinuing operations. The Board made the decision to deviate and
Price Low 837 723 1 400 1 200 950 improve on the dividend cover, by giving shareholders the
Price Prd End 1 038 1 153 2 019 1 880 1 245 benefit of normalising the headline earnings for the negative
RATIOS non-operational impact of the additional share-based payment
Ret on SH Fnd - 1.36 249.53 19.40 21.30 16.70 expenses recognised as a result of the Bytes UK demerger. Ac-
Ret On Tot Ass 1.33 1.22 10.60 13.40 10.20 cordingly a gross interim cash dividend of 7 cents per share (5.6
Oper Pft Mgn 3.36 4.67 6.19 6.46 4.50
D:E 0.46 0.51 1.03 0.92 1.16 cents net of 20% dividend withholding tax) has been declared
Int Cover 1.75 1.84 1.79 5.77 4.19 for the financial half-year ended 31 August 2021, payable to
Current Ratio 1.46 1.52 1.23 1.09 1.06 shareholders recorded inthe register ofthe companyatthe close
Div Cover - 1.43 22.71 3.16 2.67 - of business on the record date appearing below. The interim
NUMBER OF EMPLOYEES: 7 700 dividend of 33 cents declared in the comparative period was
DIRECTORS: NgaraTR(alt), SithebeAK(ind ne), Bofilatos N (CFO), based on continued operations' headline earnings which
Nyati M (CE), BallAC(ne), DawsonBW(ne), GelinkGG(ind ne), included the profits of Bytes UK for the full 6 months.
Mnganga Dr P (ind ne), Sithole S (ne), van Graan S W (Chair, ind ne),
VenterRE(ne)
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