EOH sees H1 HEPS 25%-35% higher

Technology solutions provider, EOH Holdings (EOH) said on Thursday (March 1, 2012) that it expects headline earnings per share to be between 25% and 35% higher for the six months ended January 2012, from 96.2 cents per share previously.

The group expects earnings per share to be between 25% and 35% higher than 96.4 cents per share in 2011.

In September, EOH noted a 43.5% rise in revenue for the year ended July, to R2.429 billion and profit before tax was up by 56.5% to R234.4 million.

Services revenue advanced to R1.46 billion rand, it said.

The group expects to publish its results on March 14.

Shares in the group are priced at R29.40 having reached a 52 week high of R31, and a low of R17.20.