Tuesday, April 10, 2007

Altron sees FY basic EPS up 60-70 pct

(Reuters) - South Africa's Allied Electronics Corp Ltd (Altron) expects its annual basic earnings per share to rise 60-70 percent while headline EPS is expected to jump 45-55 percent, the company said on Tuesday.

Altron said in a statement growth in the year ended February 28 was driven by strong demand for its infrastructure-related products due to a construction boom in Africa's biggest economy.


Read more at Reuters Africa

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