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.
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