Photo by: Duane Daws
Fleet management and vehicle tracking group Digicore Holdings expects attributable earnings for the six months ended December 31 to increase by between 30% and 40% to between 10.69c and 11.51c a share.
Similarly, headline earnings would likely increase by between 9% and 19% to between 8.96c and 9.78c a share.
“The increase in headline and attributable earnings are as a result of the turnaround of our international business, an increase in revenue generated from the insurance industry, growth in the stolen vehicle response market and further success in cost-saving initiatives,” the company said in a trading update on Friday.
Digicore expects to release its interim results for the period on February 26.