Information and communications technology (ICT) services company EOH improved its gross profit margin to 29.9%; its earnings before interest, taxes, depreciation and amortisation (Ebitda) margin to 9.7%; and its operating profit margin to 4.8% for the six months ended January 31. The company posted an operating profit of R167-million, which bears testament to the significant shrinking of administration costs, which is the last piece of the puzzle to achieving a sustainable turnaround, CEO Stephen van Coller said.
