Blue Label highlights extraneous transaction
·19 Jul 2012
Blue Label Telecoms said on Thursday (19 July) that it expects headline earnings per share for the year ended May 2012, to exceed the HEPS of 46.20 cents for the comparative year by more than 20%.
This, it said, was as a result of a nonrecurring receipt during the first half of the financial year.
“The non recurring receipt pertained to an extraneous transaction, the details of which remain confidential,” the telecoms firm said in a statement on SENS.
The group said that basic earnings per share and core earnings per share would not exceed the comparative year by 20%.
Blue Label expects to publish its results on about 21 August 2012.
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