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IT

EOH reports positive Q3 EBITDA, passes first capital repayment milestone

Wednesday 10 June 2020 | 09:41 CET | News
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South African IT services firm EOH reported positive EBITDA during the third quarter ended 30 April thanks to its focus on costs and eliminating unnecessary spending, and said it had passed its first capital repayment milestone ahead of schedule. There was downward pressure on revenue because of the lockdown. The group had positive cash generation from operations during the quarter.

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Categories: IT
Companies: EOH
Countries: South Africa
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