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JSE-listed information technology (IT) and digital services multinational Altron Group CE Werner Kapp said the company's focus in the current financial year will be on executing its profitability improvement strategy to grow revenue and drive operating leverage while investing in its growth businesses. For the financial year ended February 28, Altron increased revenue by 14% to R10.9-billion and earnings before interest, taxes, depreciation and amortisation (Ebitda) fell by 4% to R1.1-billion.
With a bit of foresight and clever positioning, Gqeberha can establish itself as the main harbour for exporting and importing electric vehicles.In doing so, it could create 2,000 jobs, the National Association of Automobile Manufacturers of SA says.