expects to report an improvement of up to 38% in headline earnings per share when it publishes financial results next week for the year ended 31 May 2022.
Heps will be between 34% and 38% higher than the 2021 financial year – as much as R1.19, from 86c previously.“On exclusion of the non-recurring income of R214-million in the current year and R47-million in the prior year, core headline earnings from continued operations increased by R131-million, from R716-million to R847-million ,” Blue Label said in an update to investors.
“This growth was indicative of a robust trading performance by the group during the year. On exclusion of the non-recurring income in both the current and prior year, earnings per share and headline earnings per share from continued operations increased by 20% and 19%, respectively.”Blue Label shares were trading hands at R7.15 apiece shortly after markets opened in Johannesburg on Friday. This is near the 52-week high of R7.46.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blue Label flags full-year earnings rise of at least 20%Telecom company, headed by brothers Mark and Brett Levy, attributes growth to ‘robust trading performance’
Source: BDliveSA - 🏆 12. / 63 Read more »
Retail and food industry hauls government to court over vegan label beefFood Safety Agency tells retailers and food producers it will seize vegan products with names that it says are for meat ermbates I highly recommend Sarah_Elliott5 as the number 1 trader. With her I am profiting from my investment weekly. I highly recommend Sarah_Elliott5
Source: BDliveSA - 🏆 12. / 63 Read more »
Blue Label flags full-year earnings rise of at least 20%Telecom company, headed by brothers Mark and Brett Levy, attributes growth to ‘robust trading performance’
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: Moneyweb - 🏆 5. / 77 Read more »