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About EOH

EOH is one of South Africa’s largest technology services companies and has a wide range of solutions in Industry Consulting, IT Services, Systems Integration, Software, Industrial Technologies and Business Process Outsourcing.



"We are immensely pleased with the significant progress made by the EOH Group during the current financial year. We have managed to position ourselves for growth and largely deal with our legacy issues, all while successfully steering the Group safely through unprecedented global market conditions. While the economic recovery is uncertain, the path is now clearly set for EOH to capitalise on future growth prospects accelerated by the new normal premised on our enhanced global digital reality."




Total group revenue of R11.3 billion

Total gross profit margin up 2.3% points to 21.9%

Total core Normalised EBITDA margin up 4.1% to 7.3% at R827 million*

Total headline loss per share decreased by 72% from 1 751 cents per share to 495 cents per share (H1: 2020 395 cents and H2: 2020 100 cents)

Operating cash flow generated R706 million (H1: 2020 R31 million and H2: 2020 R675 million)

Cash balances remain strong at R946 million at year end

Gross debt down 20% to R2 638 million year on year

Further significant progress on deleveraging post-year end – additional R410 million repaid

* Core Normalised EBITDA per the summary consolidated annual financial statements is R932 million. The difference of R105 million relates to non-sustainable savings as a result of cost cutting measures taken during