0
IT

Adapt IT sees FY earnings rising by 29%

Wednesday 7 October 2020 | 11:19 CET | News
South African technology group Adapt IT says it expects its headline earnings per share to increase by between 24 percent and 29 percent when it announces its annual financial results on 26 October.  In a trading statement, AdaptIT said although the bourse listing requirements do not compel it to disclose these anticipated changes, it values transparency with its investors and other stakeholders. It expects earnings per share (EPS) to increase by between 9 percent and 14 percent.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: IT
Companies: AdaptIT
Countries: South Africa
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Adapt IT confirms Dunsdon as new CEO

Published 08 Sep 2021 13:32 CET | South Africa
Adapt IT has confirmed the appointment of Tiffany Dunsdon as its new CEO, succeeding founder Sbu Shabalala who resigned in ...

Huge Group makes surprise offer to buy AdaptIT

Published 28 Jan 2021 10:21 CET | South Africa
Huge Group has launched a takeover bid for technology company AdaptIT, MyBroadband reported. The all-share bid, at an offer price ...

AdaptIT FY revenue rises to ZAR 1.48 bln, EBITDA up 9%

Published 27 Oct 2020 10:10 CET | South Africa
South African technology group Adapt IT said its revenue increased by 3 percent to ZAR 1.48 billion for the year ended 30 June ...

Grnet trials Adva FSP 3000 CloudConnect, TIP's Voyager white box platform

Published 13 Mar 2018 16:31 CET | Greece
Adva announced that Greek Research and Technology Network (Grnet) successfully completed a joint field trial involving the Adva ...