Blue Label flags full-year earnings rise of at least 20%

Blue Label Telecoms, which is finalising a recapitalisation of Cell C, says it expects growth in earnings of at least a fifth for the year to end-May.

In a note to shareholders, Blue Label — which specialises in selling prepaid airtime, electricity and ticketing — said it expects to report core headline earnings for the year of R1.06bn. This translates to core headline earnings per share of 121.01c...

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