Inactive Instrument

Adapt IT Holdings Limited

Equities

ADI

ZAE000113163

Adapt It Holdings Limited Reports Earnings Results for the Full Year Ended June 30, 2020

October 22, 2020

Adapt IT Holdings Limited announced earnings results for the full year ended June 30, 2020. For the full year, the company announced sales was ZAR 1,483.346 million compared to ZAR 1,438.138 million a year ago. Operating income was ZAR 197.186 million compared to ZAR 163.375 million a year ago. Net income was ZAR 70.652 million compared to ZAR 73.975 million a year ago. Basic earnings per share from continuing operations was ZAR 0.5147 compared to ZAR 0.5042 a year ago.

Latest news about Adapt IT Holdings Limited

Adapt IT Holdings Seeks Acquisitions	31/08/22	CI
Volaris Group Inc. completed the acquisition of a 63.87% stake in Adapt IT Holdings Limited from a group of shareholders for approximately ZAR 610 million.	03/01/22	CI
INDITEX'S INCOMING CEO GARCIA MACEIRAS SAYS PRIORITY IS TO CONTINUE WITH INDITEX'S SUCCESSFUL BUSINESS MODEL AND ADAPT IT WHERE NECESSARY	30/11/21	RE
Volaris Group Inc. completed the acquisition of Adapt IT Holdings Limited from Sibusiso Shabalala, Chief executive Officer of Adapt IT, Rubistar Proprietary Limited, Nedgroup Investment Advisors Pty Limited, Tiffany Dunsdon & the Dunsdon Self Managed Super Fund and others.	14/10/21	CI
Adapt It Holdings Limited Reports Earnings Results for the Full Year Ended June 30, 2021	28/09/21	CI
Adapt IT Holdings Limited Appoints Tiffany Dunsdon as Chief Executive Officer	06/09/21	CI
Adapt IT Holdings Limited Announces Change of Antonio Vicente's Role from Chief Strategy Officer to Chief Operating Officer	06/09/21	CI
Adapt IT Holdings Limited Announces Departure of the Chief Executive Officer	10/08/21	CI
Huge Group Limited cancelled the acquisition of Adapt IT Holdings Limited.	16/05/21	CI
Adapt IT Holdings Limited Appoints Tiffany Dunsdon from Chief Commercial Officer to Interim Chief Executive Officer	10/05/21	CI
Adapt IT Holdings Limited Appoints Antonio Vicente as an Executive Director with Effect from May 10, 2021	10/05/21	CI
Blacksheep Fund Management Limited acquired 6.82% stake in Adapt IT Holdings Limited.	15/04/21	CI
Volaris Group Inc. entered into a firm intention offer letter agreement to make an offer to acquire Adapt IT Holdings Limited from a group of shareholders for approximately ZAR 960 million.	06/04/21	CI
Adapt It Holdings Limited Reports Earnings Results for the Half Year Ended December 31, 2020	08/03/21	CI
Huge Group Limited made an offer to acquire Adapt IT Holdings Limited for approximately ZAR 990 million.	26/01/21	CI
Adapt It Holdings Limited Reports Earnings Results for the Full Year Ended June 30, 2020	22/10/20	CI
Adapt IT Holdings Limited Provide Earnings Guidance for the Year Ended June 30, 2020	30/09/20	CI
Adapt IT Holdings Limited Announces Delay in Release of Earnings Results for the Year Ended June 30, 2020	30/09/20	CI
Adapt It Holdings Limited Reports Earnings Results for the Half Year Ended December 31, 2019	24/02/20	CI
Tranche Update on Adapt IT Holdings Limited's Equity Buyback Plan announced on February 7, 2019.	24/02/20	CI
Adapt IT Holdings Limited Announces Restated Earnings Guidance for the Six Months Ended 31 December 2018 and Earnings Guidance for Six Months Ended 31 December 2019	14/02/20	CI
Adapt IT Holdings Limited's Equity Buyback announced on February 7, 2019, has expired with 15,500,000 shares, representing 10.35% for ZAR 96 million.	21/11/19	CI
Adaptit Holdings Limited Reports Consolidated Earnings Results for the Full Year Ended June 30, 2019	14/10/19	CI
Tranche Update on Adapt IT Holdings Limited's Equity Buyback Plan announced on February 7, 2019.	14/10/19	CI
Adapt IT Holdings Limited Announces the Appointment of Zizipho Nyanga as an Independent Non-Executive Director and a Member of the Audit and Risk and Remuneration Committees with Effect from 31 May 2019	30/05/19	CI

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Company Profile

Adapt IT Holdings Limited specializes in computing services. The group provides primarily ERP solutions design and integration, software development, training and outsourcing services activities. Net sales break down by market as follows: - financial services (21.8%); - education (20.2%); - communication (19.9%); - hospitality (17.4%); - manufacturing industries (16.6%); - petroleum industries (4.1%). Net sales are distributed geographically as follows: South Africa (75.7%), Africa (13.6%), Australasia (8%), North America (2%), Europe (0.5%), Asia (0.1%) and other (0.1%).

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