Rolfes to report higher H1 earnings

16th January 2017 By: Natasha Odendaal - Creamer Media Senior Deputy Editor

JSE-listed Rolfes on Monday said it expects to report double-digit increases in earnings for the six months ended December 31.

Headline earnings a share for the period under review are expected to increase to between 37.1c and 38.5c apiece, up some 31% to 36% on the 28.3c a share reported in the six months to December 2015.

The group’s earnings a share are expected to increase from 28.4% in the six months to December 2015 to between 37.2c and 38.6c a share in the interim period under review.

Rolfes plans to publish its interim results on February 20.