EOH points to stronger earnings

IT service provider, EOH Holdings says it expects earnings per share and the headline earnings per share for the six months ended January 2013, to be between 30% and 40% higher than 127.2 cents and 126.9 cents in the prior period.

In September, EOH reported a 50% rise in revenue to R3.64 billion for the year ended July 2012.

Diluted headline earnings per share improved 30.4% to 224.6 cents, from 172.3 cents in 2011.

Operating profit grew to R356.62 million, up from R233 million, while EOH declared a dividend of 70 cents, 32.6% better than 48 cents in 2011.

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EOH points to stronger earnings