JSE-listed Blue Label Telecoms expects to report double-digit increases in earnings for the year ended May 31, when it publishes its results on August 24.
The company anticipates a 20% to 22% rise in headline earnings per share (HEPS) to between 98.71c and 100.36c for the year under review, as well as a 19% to 21% hike in core HEPS to between 101.28c and 102.98c.
Earnings per share are expected to come in some 18% to 20% higher at 102.49c to 104.23c for the 2016 financial year.
In a trading update to shareholders, Blue Label attributed the increase to organic growth, an expanded customer base supported by an enhanced bouquet of products and services and operational cost containment.