WBHO earnings rebound after Australia exit

Wilson Bayly Holmes-Ovcon on Tuesday reported growth in the order books of all its divisions for the six months to end-December after completing its exit from the troubled Australian market.

The construction company said revenue from continuing operations rose 15% to R10bn, while profit as measured by headline earnings per share — which strips out impairments and one-off items — rebounded to 630c from a headline loss of 1,613c per share a year earlier...

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