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Tiger Brands expects y/y increase in headline earnings

28th October 2016

By: Anine Kilian

Contributing Editor Online

  

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JSE-listed packaged goods company Tiger Brands on Friday announced that earnings per share (EPS) from total operations are expected to be between 2 007c and 2 061c for the year ended September 30.

Headline earnings per share (HEPS) from total operations are expected to be between 2 105c and 2 154c for the period.

EPS from continuing operations, excluding the recently disposed of Tiger Brands Consumer Goods (TBCG), are expected to be between 1 958c and 2 055c, while HEPS from continuing operations, excluding TBCG, are expected to be between 2 091c and 2 154c for the period, higher than the 2091c reported for the comparative year-ago period.

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Edited by Samantha Herbst
Creamer Media Deputy Editor

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