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October 6, 2009
Altron earnings decline
Electronics equipment group Allied Electronics Corporation (Altron) on Monday reported adjusted diluted headline earnings per share of 100 cents for the six months ended August 31, versus 179 cents previously, representing a 44% decline.
Altron revealed a decline in revenue of 8% to R12.1 billion from R13.2 billion earlier. EBITDA declined by 28% with EBITDA margins declining from 10.0% to 7.9%.
Posted by StaffWriter at October 6, 2009 4:02 PM