Alaris posts promising interim results; focuses on organic growth, US opportunities

AltX-listed specialist antenna firm Alaris Holdings has posted a 67% year-on-year increase in profit after tax to R21.6-million for the six months ended December 31. Revenue increased by 21% to R102.6-million, headline earnings a share from continuing operations increased by 125% to 18.62c and net cash from operating activities increased by R33.3-million from an outflow of R14.9-million to an inflow of R18.4-million for the six months under review.