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Sephaku expects higher FY earnings

6th June 2016

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JSE-listed building and construction materials company Sephaku Holdings on Monday said it expected a 20% to 30% increase in earnings for the year ended March 31.

The group, which planned to publish its year-end results on June 29, expected earnings a share to be between 29.32c and 31.76c, compared with the 24.43c apiece posted in the prior year.

Headline earnings a share were expected to come in some 20% to 30% higher, at between 29.32c and 31.76c, than the 24.43c achieved in 2015.

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Edited by Creamer Media Reporter

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