Blue Label Telecoms H1 HEPS seen 38% – 48% higher
·7 Feb 2012
Blue Label Telecoms (BLU) said on Tuesday it expected headline earnings per share (HEPS) in the six months to November 2011 to be 38% and 48% higher – from 25.45 cents in the previous corresponding period.
The telecoms group attributed the growth in earnings to the non-recurring income received from extraneous transactions in December – the details of which are confidential.
The core earnings per share are expected to rise between 31% and 41% from 27.27 cents a year ago, the company said in a statement. Basic earnings per share growth are expected to be between 36% and 46% higher from 25.45 cents.
The interim results are scheduled for release on Wednesday, 22 February 2012.