Altron sees big earnings improvement
·20 Feb 2014
Allied Electronics (Altron) has advised that its basic earnings per share for the year ending February 2014 are expected to be more than 200% higher as against the previous corresponding period.
It cited an improved operational performance, and once off impairments in the prior year.
For the period ended 2013, Altron reported a basic loss per share from total operations of 94 cents.
Headline earnings per share for the year ending 28 February 2014 are expected to be more than 20% higher as against the previous corresponding period, Altron said.
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