ADvTECH today announced solid final results for the period ended December 2011. The Group has returned to earnings growth and built on the progress made in the first half to record 9% growth in headline earnings per share (HEPS) to 40.4 cents. If the Secondary Taxation charge of R4.8 million (2010: nil) is excluded from [...]
ADvTECH Press Releases
ADvTECH has delivered significantly improved results for the six months ended 30 June 2011 despite difficult economic conditions, especially in the employment market. Revenue increased by 7% to R791 million, while operating profit grew by 10% to R110 million, with a strong improvement in education partially offset by the decline in resourcing. Salient Features Revenue [...]
ADvTECH today announced satisfactory results for the year ended December 2010, following a period characterised by moderate recovery from a constrained economic environment. Salient features: Revenue up 7% to R1.5 billion EBITDA declined by 3% to R269 million Headline earnings declined by 7% to 37.2 cents Net asset value per share increased by 11% to [...]
ADvTECH Interim results for six months ended 30 June 2010 Healthy financial position sustained in challenging environment ADvTECH reports satisfactory results for the six months ended 30 June 2010, against the backdrop of a challenging operating environment characterised by job losses and weak consumer spending in the wake of the recession. Group revenues showed a [...]
ADvTECH achieved steady financial results for the year ended December 2009, a period characterised by significant financial and economic challenges for consumers in South Africa. Given prevailing economic conditions, the Directors are pleased to report a 15% increase in revenue to R1.4 billion and a 9% increase in operating profit to R219 million. Further highlights [...]