Altron shares up 8% as group flags at least 50% surge in earnings

Altron Limited shares rose more than 8% on the JSE on Thursday morning after the company released a trading statement pointing to solid double-digit earnings growth for the financial year ending 28 February 2026.

Altron share price

The technology group expects its total group operations to deliver a minimum headline earnings per share (Heps) increase of 50%, marking a significant acceleration in financial performance compared to the prior period.

The group’s core continuing operations, which include Netstar, Altron FinTech, Altron Health Tech, Altron Digital Business, and Altron Security, are anticipated to see Heps growth of at least 30%, reaching a minimum of 231 cents compared to 178 cents in the 2025 financial year.

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Earnings per share (EPS) for these continuing operations are also expected to rise by more than 30% to at least 203 cents. These core segments remain the primary driver of the group’s performance, as the company excludes Altron Nexus from its continuing operations metrics.

Read:
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The most dramatic gains are projected at the total group level, where Altron anticipates Heps rising from 134 cents to over 201 cents, representing a minimum growth rate of 50%. Similarly, group EPS is expected to jump by more than 50% to exceed 155 cents, up from 103 cents in the previous year.

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Management noted that while audit and governance processes remain underway, a further trading statement with more specific guidance ranges will be released once there is a reasonable degree of certainty.

Ahead of the formal results, Altron plans to host a virtual pre-close investor call on 24 February 2026 to provide shareholders with a voluntary operational update.

Read: Altron opens SA’s first operational ‘AI factory’

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