Imperial expects up to 16% y/y increase in FY18 HEPS

3rd August 2018 By: Creamer Media Reporter

JSE-listed Imperial Holdings expects its headline earnings per share (HEPS) for the financial year ended June 30 to rise by up to 16%.

In a trading statement issued on Friday, it said it was likely to report HEPS of between R15.20 and R16.15, compared with HEPS of R13.90 in the 2017 financial year.

Earnings a share, meanwhile, were likely to be between 34% and 41% higher year-on-year at between R16.35 and R17.25.

Imperial, which still plans to unbundle its Motus business in due course, will release its results on August 21.