AYO delivers excellent interim results, setting a strong platform for growth

18 May 2018

Mergers, Acquisitions and Financial Results

JOHANNESBURG - JSE-listed AYO Technology Solutions Limited (AYO), one of South Africa’s largest black economic empowered ICT companies, today announced outstanding interim results to 28 February 2018, showing excellent revenue and profit growth for the period under review.

AYO is fully compliant with the new ICT BBBEE codes and has exceeded the minimum requirements.

Having successfully listed on 21 December 2017, AYO has effectively been listed for 2 months of the reporting period and in the 5 months to date has already shown excellent organic progress in delivering on its strategy presented in its pre-listing statement, issued on 13 December 2017 (“Pre-Listing Statement”). Read the full article on iol here.