reported its last set of results under outgoing CEO Stephen van Coller, and they show a business under considerable pressure.
However, revenue fell to R3.1-billion, down from R3.2-billion in the same six-month period in 2023, while group operating profit came in at R9-million, down sharply from R142-million previously. “EOH experienced a challenging second half of the 2023 financial year. This trend continued through the first three months of FY2024,” the group said on Tuesday in comments to the investment community. “Despite an improvement in trading and tendering activity in the second three-month period, the challenging environment has led to a reduction in revenue.”
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