Listed outsourced services provider EOH says organic and acquisitive growth boosted revenue 44.1%, to R1.6 billion, in the six months to January.
The company this morning published its interim results and said profit before tax improved 54.9%, to R169.2 million, while headline earnings per share, a key financial measure, gained 31.6%.
EOH has set itself the target of achieving R4 billion revenue in the 2014 financial year. The gains are expected to come from a combination of buyouts and organic growth.
In a statement released this morning, EOH said it planned to continue growing organically and through acquisitions. In the past few months, EOH has bought Airborne Consulting and Stanley Security Solutions SA.
EOH's main growth areas include infrastructure and application managed services, cloud offerings, enterprise applications, information management, business process outsourcing, security and intelligent infrastructure management.
CEO Asher Bohbot says there are opportunities to grow EOH's solutions and service offerings and to strengthen its industry verticals.
“We have the resources, track record, know-how, ability and capability to continue to grow aggressively. Prospects in the rest of Africa are encouraging and EOH sees opportunities in this territory.”
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