Transport group Imperial Logistics says it expects earnings to have dropped by as much as 91% in the year to end-June, largely due to losses incurred by its consumer packaged goods business and the effect of Covid-19 across its operations in the second half of the period.
EPS is expected to have fallen to between 151c and 171c from 1,773c previously. The decline was also affected by once-off costs associated with restructuring in SA.
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