Electronics and technology group Altron has lifted its interim earnings on the back of strong consumer demand and a buoyant economy.

The group on Tuesday announced a 16 percent increase in its headline earnings per share from 70 cents to 81 cents for the six months to August.

Headline earnings were up 56 percent to R235-million, while operating income was 14 percent higher at R502-million.

Revenue rose 17 percent to R6.9-billion.

Altron's subsidiaries include Allied Technologies (Altech), Bytes Technology Group, Powertech, Autopage, Aberdare amongst others. It disposed of its stake in telecoms group Econet Wireless earlier in the year due to differences over the future direction of the company.

"Strong consumer spending has stimulated growth within the Altech operations whereas an increase in public sector spending and a buoyant building and construction industry has driven demand for Powertech group products and services," the company said in a statement.

No interim dividend was declared.

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