On Wednesday, 16th of October, the Alaris Group had the pleasure of releasing its financial results for the year ended 30 June 2024. Presenting were Jürgen Dresel (Group CEO), Chris Buckenham (Group CFO) and Chris Vale (Group CTO).
The Alaris Group has published its Summarised Consolidated Financial Statements as well as the results presentation on their website: www.alaris.tech
The Integrated Annual Report will be released on 1 November 2024.
Key Highlights of FY24
Revenue: The Group's revenue remains steady, reporting at R564 million, in line with the prior year's performance.
Profit After Tax: Experienced a decrease of 18%, falling from R66.5 million to R54.4 million.
Earnings per Share: Dropped by 19%, moving from 52.67 cents to 42.64 cents.
Cash Position: Strong cash generation led to a closing cash balance of R137 million, up 167% compared to FY23.
Alaris Edge: The Board of Directors approved the launch of Alaris Edge, a pivotal new chapter for the Group through which engineering capacity will be increased and innovation driven.
The United Brands of Alaris were successfully launched into the market, building the Alaris brand as a united front and thereby bolstering the Group's product offerings.
The Alaris Group - RF Technology Leader
Alaris is a global leader in radio frequency (RF) technology, emphasizing the development of proprietary products and the protection of its intellectual property. Our solutions are designed to meet the complex needs of sectors including defence, aviation, marine, wireless, industrial, healthcare, research, and government institutes.
Our commitment to innovation and a customer-centric approach is at the core of our success, enabling Alaris to be recognized as a dependable technical advisor and partner across the RF technology landscape.
Learn More
To get a more detailed view of our financial performance, please visit the Alaris Group Investor page.
