The only Mvela division that battled last year was Coin Security, which the company said was "heavily impacted" by costs associated with attacks on cash-in-transit vehicles. Overall, in just six months in 2006, net attributable profit increased by 89%, from R390m to R738m. The group boasts "a strong balance sheet and healthy cash flows," as well as a reputation as a consolidator of BEE deals - and a youthful new CEO in Yolanda Cuba.
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