The financial year March 2008 to Febrary 2009 was a year of mixed fortune, with the first half showing an excellent performance of Powertech as a whole. Starting as early as September 2008, the global economic meltdown affected South African industries. The Building and Construction industry saw a significant decrease in projects and reduced demand for product, impacting severely on both Aberdare and Crabtree. The Powertech results for the the full year, therefore, still showed a increase in turnover of 20% to R 9,593 million (R 8,016m prior year) but a 38% decrease in operating income to R 570 million (R 914m prior year). Headline earnings were down by 54% to R 266 million (R 577m prior year). Powertech has implemented corrective actions to counteract the economic decline. A rapid turnaround of the economy is not expected and Powertech is facing another challenging year.

Powertech prides itself on delivering high quality products and services as a sustainable and profitable business within the Altron Group. The company has enjoyed consistent growth over the years; in the financial year ending in February 2006, Powertech again performed exceptionally well, increasing revenue by 19% over the previous year with total revenue of R4467-million. This constitutes some 31% of Altron Group turnover, and produced profits of R227-million.

At the half year, August 2006, Powertech delivered sterling results. Revenues grew by 32% and operating income by over 113% to R 271 m. Cash in hand was almost 81% higher at R338-million. Powertech has moved up to being the biggest contributor of profit to Altron's results.