{"id":194840,"date":"2017-08-28T09:30:39","date_gmt":"2017-08-28T07:30:39","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=194840"},"modified":"2017-08-28T09:30:39","modified_gmt":"2017-08-28T07:30:39","slug":"adapt-it-turnover-surges-25","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/it-services\/194840\/adapt-it-turnover-surges-25\/","title":{"rendered":"Adapt IT turnover surges 25%"},"content":{"rendered":"<p>IT services group Adapt IT has reported a 25% rise in turnover for the year ended June 2017, to R993.7 million.<\/p>\n<p>The group said that organic growth was 6% and acquisitive growth was 19%.<\/p>\n<p>Revenue climbed to R996 million, from R803 million, while diluted headline earnings per share advanced 10% to 58.75 cents per share, from 55.21 cents in 2016.<\/p>\n<p>Profit from operations improved to R151 million, from R136 million before, while the group declared a divined of 13.40 cents versus 10.90 cents in 2016.<\/p>\n<p>Adapt IT acquired information technology group EasyRoster with effect from August 2016, in line with the company&#8217;s acquisitive growth strategy.<\/p>\n<p>Looking ahead, it said that &#8220;acquisitions will be an ongoing hallmark of Adapt IT in line with its acquisitive growth strategy&#8221;.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/business\/156974\/adapt-it-shows-massive-32-jump-in-interim-profit\/\" target=\"_blank\" rel=\"noopener\">Adapt IT shows massive 32% jump in interim profit<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT services group Adapt IT has reported a 25% rise in turnover for the year ended June 2017, to R993.7 million.<\/p>\n","protected":false},"author":10,"featured_media":157012,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[3899],"class_list":["post-194840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-it-services","tag-adapt-it"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/194840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=194840"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/194840\/revisions"}],"predecessor-version":[{"id":194842,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/194840\/revisions\/194842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/157012"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=194840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=194840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=194840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}