https://www.engineeringnews.co.za

Reunert to report uptick in H1 earnings

5th May 2015

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

Shortly after shedding its Nashua Mobile unit, JSE-listed Reunert has reported an expected uptick in its first-half financial results.

The group expected a 7% to 17% rise in headline earnings a share and normalised headline earnings to between 254c and 279c during the six months to March 31.

Basic earnings a share were expected to be between 280c and 305c apiece, an increase of between 18% and 28% on the comparable period of the prior year.

The enhanced earnings were attributed to an improvement in the operating profits of the continuing operations, the interest earned on the proceeds of the Nashua Mobile deal and the additional profit earned on the sale of the Nashua Mobile base.

Reunert planned to publish its interim results on May 19.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.069 0.122s - 164pq - 2rq
Subscribe Now