![]() The group’s revenue for the year under review surged 88.8% to R474-million, owing to a combination of the Parsec acquisition and organic growth, said CFO Burt Lamprecht. The firm’s tangible net asset value per share moved up from 10.4c in 2015 to 18.8c in 2016. Headline and basic earnings a share increased to 5.55c, a respective 25.1% and 35.6% rise on the prior year.Įarnings before interest, taxes, depreciation and amortisation increased 123.9% to R42.7-million. “Despite the projected weaker trading conditions in the South African economy, we expect better performance in the 2017 financial year,” he commented.Īnsys’s strategy of strengthening its four vertical markets in terms of market access and delivery capability opened “significant opportunities” for growth and was already paying off.ĭuring the 13 months to March 31, Ansys improved its profit after tax to R22.8-million from R10.9-million in the 12 months to February 2015, augmented by the inclusion of Parsec for ten months. Daka pointed to optimistic future prospects in rail, defence and information security and telecommunications, while the mining and industrial sectors were expected to remain subdued, but stable. ![]()
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