AEL: Operating profit up 25% to R1.2bn, with 95% from high-margin, annuity platforms

About this update from Altron Limited Class A

Operating profit rose 25% to R1.2bn, driven by strong platform growth and margin expansion, with over 95% of profit now from annuity-based businesses. Cash generation and dividends were robust, while the balance sheet remains ungeared and well positioned for further growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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