EOH has announced that revenue increased by 39,4% to R4,61-billion (2014: R3,308-billion) for the six months ended 31 January 2015.

Profit after tax increased by 37,7% to R340-million, headline earnings per share (HEPS) increased by 26,4% to R290,1 cents and cash increased by 86,6% to R1,466-billion.

EOH employs 9 000 people and operates from 134 locations in South Africa, 29 African countries and in the UK.

All areas of EOH’s business operations have grown, with revenue from services being the most significant revenue generator – up by more than R1-billion to R3,4-billion which is 73% of total revenue.

“We will continue to challenge other South African businesses to join our initiative to provide meaningful jobs for hundreds of thousands of young South Africans over the next few years,” says Asher Bohbot, CEO of EOH.

EOH plans to continue to grow aggressively in all areas through the introduction of new lines of business, industry specific solutions and new domains. Growth will be organic complemented with strategic acquisitions. EOH’s foray into Africa will accelerate through the increase of its in-country presence, partnerships, joint ventures and acquisitions.

“EOH sees its involvement in the public sector as both a responsibility and a business opportunity. EOH’s range of offerings, expertise and experience can be applied to improve public sector effectiveness and service delivery and we
plan to continue to grow our public sector activities,” says Bohbot.

EOH owns various niche IP software applications serving different industries and plans to market and distribute these niche applications internationally.

“EOH is recognised for the quality of its people and its strong delivery capabilities. EOH has the people, the scale, the offerings, financial resources, agility and the know-how to continue to grow aggressively,” Bohbot adds.