Blue Label Telecom HEPS at 36.74c vs 25.45c

 ·22 Feb 2012
Blue Label Telecoms

Blue Label Telecoms (BLU) had previously said 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.

According to their unaudited interim results, headline earnings per share increased by 44% from 25,45 cents to 36,74 cents per share.

Summary of interim results:

  • 7% increase in revenue to R9,2 billion
  • 14% increase in gross profit to R590 million
  • 47% increase in EBITDA to R438 million
  • 41% increase in NPAT to R272 million
  • 44% increase in headline earnings per share to 36,74 cents
  • R795 million cash flows from operating activities
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