Blue Label Telecoms H1 HEPS seen 38% – 48% higher

 ·7 Feb 2012
Blue Label Telecoms

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.

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