Full Year Reported Gross Sales at €3.3 billion up 15.1%(1) year over year Full Year Adjusted EBITA €119.2 million up 10.0%(1) year over year Full Year Adjusted Net Income €72.6 million up 85.1% year over year ▪ Successful execution against the strategy as outlined at IPO ▪ Delivered on 2021 sales growth and earnings and upgrading 2022 outlook ▪ Strongly positioned to capitalise on the growth opportunities in the cybersecurity market ▪ Proposed dividend: €0.20 per share payable in cash (1) Including Veracomp in 2020. Veracomp acquired on D...
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Image sourced from Notebook Check. Chinese multinational tech conglomerate Huawei has paid out dividends totaling $9.65-billion to its current and retired staff in its employee shareholder scheme, the Shanghai Clearing House said. Some 131,507 current and former workers are involved in the shareholder scheme, according to the company’s 2021 annual report released last week, Reuters reported. The filing that was published on Saturday doesn’t break down the dividends, according to reports. Huawei’s full-year revenue dropped 29% to 636.8 billion yuan ($100-billion) last year due to the sanctions imposed by the US on the company. The company’s net profit jumped by 76% which was mainly because of the sale of its budget-brand smartphone unit Honor. The US imposed trade restrictions on Huawei thr...
MTN SA has announced a ramping up of investments to modernise existing and deploy new network infrastructure across Limpopo and Mpumalanga, South Africa. The company says ultra-rural villages such as Mtititi and Ga Marishane will benefit the most from the investment. The $56.4-million investment will go toward MTN’s “Modernisation of Network South Africa project” (MONZA) as well as expanded rural reach, 5G expansion and restoration of vandalised network infrastructure, the telco says. “Our aim is to significantly enhance access and open the door to new digital opportunities for many more people across the province. Our investment is specifically targeted at increasing network coverage, improving throughputs, and connecting the previously unconnected,” says Kagiso Moncho, GM: Northern Regio...
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