Alaris Holdings releases solid annual results for the year

Centurion, 19 September 2017. Local JSE AltX listed technology holding company, Alaris Holdings (Alaris), released their annual financial results on the 19th of September. The continuing operations performed satisfactorily during the financial year, against the backdrop of a strong year last year and the strengthening Rand.

Highlights:

  • Revenue from continuing operations increased by 21% from R132.1 million to R159.4 million.
  • Normalised earnings from continuing operations decreased by 26% from R31.5 million to R23.4 million mainly due to the net foreign exchange loss in this period
  • Net cash from operating activities of R13.1 million for the year.
  • Repurchased a total of 40 million shares from Aucom management as part of the Aucom disposal transaction.
  • Shares in issue (less treasury shares) reduced to 116.1 million at year end.

“Revenue from continuing operations increased by 21%, which was supported by the acquisition of COJOT.  Operations performed satisfactorily in a challenging environment and despite the stronger Rand.  All is on track with a focused IP strategy and the synergies between Alaris and COJOT.”, says group CEO, Juergen Dresel.

Segmental Overview

Alaris Antennas designs, manufactures and sells specialised broadband antennas as well as other related radio frequency products. Revenue was up 5% and profit after tax increased from R33.9m to R34.9 million.

Alaris Antennas continued to be a leader in product innovation, adding 74 new products to its portfolio in the financial year to support future top line growth.  “To ensure that we remain agile and are able to adopt to our client’s needs in a quick and responsive way as the business grows, we have implemented various measures to ensure that our multi-disciplinary teams are working on a common goal to deliver high quality products”, Dresel remarks.

COJOT Oy is a Finnish based company which develops innovative broadband antennas to improve connectivity, coverage and competitiveness of radio equipment deployed to save lives and protect property. It contributed revenue of R36.3 million and profit after tax of R3.9 million. “A €1 million order from Europe was delayed and only received in June 2017, resulting in a lower than expected performance for the financial year ended 30 June 2017. This order will be delivered in the first half of the 2018 financial year, which will provide an excellent start to the year”, says Dresel.

Prospects

Alaris Antennas is diversifying territories and entering into new market segments where the Company’s core competencies find application. Management believes the business has significant potential for organic, as well as acquisitive growth where there is a complimentary opportunity in markets and products.

For Alaris Antennas, organic growth is stimulated and achieved through understanding customers’ needs and adding new innovative products to the portfolio.

A couple of projects are underway to improve Alaris’ operational scalability.

“The opportunities we have been involved in this past financial year have increased in size and relate to a wider geographical diversity. This supports our strategy of global growth and the diversification of our product portfolio” says Dresel.

 

Having the products designed locally by a team of engineers and manufactured at the Alaris premises in Centurion, distinguishes the business from value added resellers and makes Alaris competitive in the global market. This results in 86% of the revenue being received from exports.

COJOT is a customer intimate business where new product development is centered around the customer’s needs.

The business is complemented by partnerships with contract manufacturers and a professional service provider network to enable sustainable growth.  

Investment into an inhouse accounting function, a standardised ERP and the planned CRM solution across the Group will further improve transparency and cohesive interaction between the various teams globally.

The Alaris and COJOT businesses are complimentary and the combined operations will allow existing customers to receive an improved service as well as an expanded product portfolio. “The integration of the sales capability and product portfolio of the COJOT and Alaris teams resulted in cross-selling of R2 million. Capitalizing on the synergies between the two companies, as well as cross-selling opportunities will remain a priority in the year ahead”, mentioned Dresel.

International expansion is an important part of the Group’s global strategy and management will remain on the lookout for further opportunities to increase the global footprint with specific focus on the United States.

For media related enquiries and interview opportunities with Alaris CEO, Juergen Dresel, please contact:

Sonja Balt

Alaris Holdings

E-mail: sonja.balt@alaris.co.za or investor@alarisholdings.com

Telephone: +27 11 034 5300

Alaris Launches New Websites

This past week, to coincide with the start of our new financial year, we have launched our new websites.

The project, which forms part of the revitalisation of our brand, has been a long, but very worthwhile process.  It started in the beginning of January with the creation of the concepts and subsequently, the implementation of a new Brand Blueprint, which delves into what Alaris as a brand, is striving to achieve.

The aim of the redesign is to make our websites more user friendly, eye-catching and professional. We have refined certain aspects of the old sites, particularly our specialised product search function on the Antennas website.  In addition, new features have been added, including a Quote Request form and an option to pay for orders by credit card.

The Alaris Antennas site is already starting to generate interest, with a number of quote requests and contact forms being received.

This gives us a glance of a very positive future for the new websites, and for the Alaris brand.

Please feel free to contact us via marketing@alaris.co.za with any feedback on the new sites.

Alaris Antennas at DSEI 2017

Alaris Antennas will be participating in the DSEI 2017 Exhibition as part of the South African Pavilion. This show takes place in London, from the 12th to 15th September 2017.

Defence and Security Equipment International (DSEI) is the world leading event that brings together the global defence and security sector to innovate and share knowledge. DSEI represents the entire supply chain on an unrivalled scale.

Further information will be provided closer to the event.

Alaris Antennas experiences unprecedented success with the DF-A0037

Alaris Antennas has identified a current and future all-encompassing antenna solution in the DF-A0037. Since the introduction of this product into the world, Alaris has had unprecedented success with the product. The DF-A0037 is a vehicle and marine-based direction finding antenna solution.

The DF-A0037 is a wideband DF antenna suitable for rugged applications. Based on the more portable DF-A0029 product, the rugged version features upgraded mechanical and environmental features to improve performance when mounted on a vehicle.

The antenna has a loop array for good DF performance at low frequencies where the phase size of the array is small, and two pentagonal arrays for the middle and high frequency ranges. Secondary pentagonal arrays of dipoles and monopoles provide good omni-directional antennas up to 3.6 GHz when appropriately combined. A HF whip on top of the antenna provides a sensitive omni output for this band.

A decagonal cylindrical cavity inside the antenna, approximately 350 mm wide x 370 mm high, allows switching, amplification and RF processing to be integrated into the antenna, reducing cable loss and weight.

V/UHF Communications Antennas

VCF Antenna Family

The VCF Family of V/UHF Vehicular Center-fed Dipole Antennas brings efficiency and flexibility to the tactical mobile and fighting vehicle communications platforms. Encapsulated in an epoxy-glass sleeve, providing strength and protection to the radiating elements and isolation from overhead power lines, the VCF range of antennas are center-fed for maximum efficiency, and being ground independent, are ideal for use on platforms with limited or no ground plane.

All antennas utilize a common base/spring mounting assembly, available in either 4 hole US, or 6 hole NATO patterns, simplifying vehicle antenna logistics and installations, and enabling rapid ‘tool free’ antenna replacement, on a single mounting base.

Various direct to mast-mounting adapters are available for mast mounted base station or static mobile deployment.

Marine Antennas

Alaris Antennas has a range of products available which are suitable and have been qualified for marine applications. The following products are two prominent examples of products that have been optimised to withstand the harsh environments that are experienced in maritime applications.


DF-A0037

The DF-A0037 is a wideband DF antenna suitable for rugged applications. Based on the more portable DF-A0029 product, the rugged version features upgraded mechanical and environmental features to improve performance when mounted on a vehicle.

The antenna has a loop array for good DF performance at low frequencies where the phase size of the array is small, and two pentagonal arrays for the middle and high frequency ranges. Secondary pentagonal arrays of dipoles and monopoles provide good omni-directional antennas up to 3.6 GHz when appropriately combined. A HF whip on top of the antenna provides a sensitive omni output for this band.

A decagonal cylindrical cavity inside the antenna, approximately 350 mm wide x 370 mm high, allows switching, amplification and RF processing to be integrated into the antenna, reducing cable loss and weight.

PRODUCT FEATURES:

  • Full-band correlative interferometer
  • HF capability
  • Wideband dedicated omni capability
  • Rugged radome
  • GPS antenna

APPLICATIONS:

  • Vehicle-based direction finding
  • Marine direction finding

SYST-A0005

PRODUCT FEATURES:

  • Two wideband LPDAs on a single mast
  • Rotator for aiming and scanning all angles
  • Internal rotary joint for 360° coverage
  • Low-loss internal cables.
  • Designed for shipboard use above deck
  • Extreme environmental specifications for wind, water and salt
  • High-wind speed capability
  • Protected cable exit system
  • High-power capability for immunity from nearby communications

APPLICATIONS:

  • Wideband monitoring
  • Hand-off monitoring from DF receiver

Wideband OMNI-Directional, High Power Antennas

OMNI-A0046-01

The OMNI-A0046-01 is high-power omni-directional antenna. The frequency range covered is 20 MHz to 500 MHz with a VSWR of less than 2.5:1 with the whips attached. The whips improve the performance in the 20 MHz to 50 MHz band. The antenna’s profile can be reduced by removing the tactical whips where required.

ELECTRICAL FEATURES:

  • Wideband
  • Omni-directional azimuth pattern
  • High-power handling
  • Optimised distributed loading is used to prevent elevation radiation pattern break up
  • 1200 W CW Power handling capability

MECHANICAL FEATURES:

  • Spring loaded elements
  • Waterproof
  • Quick assembly

OMNI-A0281

The OMNI-A0281 is a high-powered wideband antenna designed for mounting on vehicles as well as masts. The wideband design provides it the capability to also be used for spectrum monitoring.

PRODUCT FEATURES:

  • 300 to 3000 MHz frequency range
  • Rugged
  • Suited for vehicle and mast-mount applications
  • 500 W CW Power handling capability

APPLICATIONS:

  • High-power transmission
  • UHF monitoring