Reunert posted a 23% decline in operating profit for H1 FY2026, with its power cable businesses dragging results despite strong performances from its ICT and Applied Electronics segments. Group revenue from continuing operations rose 1% to R6.31-billion, while headline EPS fell 22% to R1.85. The ICT segment, housing Nashua, iqbusiness, and Reunert Connect, saw operating margin expand to 17.2% despite a 4% revenue dip. The Electrical Engineering segment was the weak spot, with operating profit down 40% due to weak infrastructure investment, kwacha appreciation, and a 31% copper price surge. Notable developments include iqbusiness acquiring enterprise software firm Silversoft to expand into UK and Middle East markets, and Reunert entering a joint defence manufacturing venture in Slovakia with the Czechoslovak Group to produce electronic artillery fuzes for European rearmament programmes.
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