Illovo to report lower FY earnings

9th May 2016

Illovo to report lower FY earnings

JSE-listed Illovo Sugar expects to report a 29.8% decrease in earnings per share (EPS) to 125.9c for the year ended March 31, compared with the EPS of 179.4c recorded in the 2015 financial year.

Headline earnings a share for the year under review were expected to be 36.5% lower-year-on-year at 113.6c apiece

Illovo would release its results on June 3.