Listed ICT firm, EOH has reported a massive jump in earnings for the year ended 31 July 2015.<\/p>\n
The group recorded profits after tax of R692 million, up 41% from R492 million in 2014.<\/p>\n
Revenue increased by 35% to R9.734 billion (2014: R7.220 billion), while headline earnings per share (HEPS) were up 29% to 575 cents.<\/p>\n
The group increased its dividend by 25% to 150 cents.<\/p>\n
During the year under review, EOH embarked on growing its international IP software business and its service offerings in the financial services, telecommunications, energy and local government sectors.<\/p>\n
It also expanded its activities in Africa by joining forces with Twenty Third Century Solutions.<\/p>\n
EOH also acquired the businesses of Construction Computer Software Proprietary Limited, Managed Integrity Evaluation Proprietary Limited and Afiswitch Proprietary Limited and several smaller businesses.<\/p>\n
The groups said it will continue with its strategy to consolidate and complement its existing services with strategic acquisitions.<\/p>\n
EOH sees massive jump in earnings<\/a><\/strong><\/p>\n EOH full-year revenue surges 42%<\/strong><\/a><\/p>\n