Blue Label Telecoms has released a trading statement for the year ended 31 May 2024, telling shareholders to expect a significant increase in headline and core headline earnings per share.
Including the effects of the Cell C recapitalisation, Blue Label Telecoms anticipates a 73% to 77% increase in headline earnings per share, from 41.97 cents per share in May 2023 to between 72.80 and 74.48 cents per share in May 2024. However, it noted that the Cell C recapitalisation positively contributed R66 million in the 2023/24 financial year.
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