Novus Holdings Ltd.JSE: NVS

NVS: EBITDA and EPS fell despite higher revenue, but cash reserves and acquisition capacity remain robust

· Issued by Novus Holdings Ltd.

Revenue rose 1% year-over-year, but EBITDA and EPS declined due to higher overheads and lower education segment volumes. Cash reserves remain strong, with over ZAR 1 billion expected by December, and the group is poised for acquisitions pending regulatory clearance for Mustek.

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