{"id":11360,"date":"2012-05-02T17:49:42","date_gmt":"2012-05-02T15:49:42","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=11360"},"modified":"2012-05-03T11:13:26","modified_gmt":"2012-05-03T09:13:26","slug":"vodacom-alerts-to-rise-in-earnings","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/11360\/vodacom-alerts-to-rise-in-earnings\/","title":{"rendered":"Vodacom alerts to rise in earnings"},"content":{"rendered":"

Vodacom Group (VOD)<\/a> says it expects headline earnings per share for the year ended March 2012 to be between 5% and 10% higher than the prior year reported HEPS of 656 cents per share.<\/p>\n

The group says basic earnings per share are anticipated to be between 20% and 25% higher than 561 cents per share as a result of the high impairment charges impacting the prior year EPS.<\/p>\n

\u201cVodacom Group delivered a strong performance with Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA)<\/a> growth of approximately 10% for the year ended 31 March 2012,\u201d it said.<\/p>\n

Vodacom noted that basic and headline earnings were negatively impacted by an effective tax rate of 36% mainly due to STC on higher dividends paid and the movement in net deferred tax assets derecognised; and higher depreciation and amortisation from higher capital expenditure including non-cash capital additions.<\/p>\n

For the year ended March 2011, Vodacom reported revenue of R61 .197 billion and an operating profit of R13.696 billion.<\/p>\n

Customers increased 9.0% to 43.5 million across the Group, with South Africa contributing 61.0% of the total base.<\/p>\n

Vodacom expects to publish its results on about 21 May 2012.<\/p>\n

Shortly before the close of play, shares in Vodacom declined 61 cents to R107.49 on the JSE.<\/p>\n

Related articles<\/strong><\/p>\n

Vodacom Business shows strong growth<\/strong><\/a><\/p>\n

South Africa\u2019s mobile pricing regulatory challenges<\/strong><\/a><\/p>\n

South Africa\u2019s mobile prices compared<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Vodacom Group (VOD) says it expects headline earnings per share for the year ended March 2012 to be between 5% and 10% higher than the prior year reported HEPS of 656 cents per share.<\/p>\n","protected":false},"author":9,"featured_media":5766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[135,26,27],"class_list":["post-11360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-earnings","tag-headline","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=11360"}],"version-history":[{"count":10,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11360\/revisions"}],"predecessor-version":[{"id":11362,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11360\/revisions\/11362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/5766"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=11360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=11360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=11360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}