Alaris Holdings delivered a strong financial performance announcing a 25% profit increase from R32,9 million to R41,1 million in the year ending 30 June.
Group chief executive Jurgen Dresel said in a message the group was destined for “great things and that destiny is starting to take shape”.
He also thanked customers worldwide for the confidence shown in the company, its people, its technologies, products and services.
The financial results point out that Alaris Holdings active global expansion allows for an enhanced product and service offering, based on an extended knowledge spectrum across the subsidiaries.
“Not only do the Group’s customers benefit from access to highly skilled engineers across the globe, but the four companies are positioned to serve as advisors providing customers with technologically advanced and customised solutions.”
Additionally, Group companies focus strongly on research and development and hold “invaluable, exploitable patented technologies that can be monetised into the future”. Cross-selling opportunities and processes are in place to capitalise on synergies between the subsidiaries.
“The group’s global strategy remains one of bold international expansion. Prospects ahead are positive. By diversifying into different territories and entering new market segments, the management team’s focus is to ensure ongoing profitable organic and acquisitive growth for the Alaris Holdings Group and its stakeholders,” a statement said.
Alaris Antennas was part of the South African pavilion at last month’s Defence Security International (DSEI) exhibition in London with company representatives reporting “successful engagements with multiple existing clients and prospects eager to learn about Alaris’ DF technology”.