JSE-listed packaging company Mpact expects to report earning per share (EPS) and headline earnings per share (HEPS) of between 118c and 123c for the six months ended June 30.
This compares with EPS of 9c and HEPS of 8.4c reported for the first half of 2020.
Net debt is expected to be about R1.5-billion, down from R1.9-billion at the end of the prior comparable period.
Lower average net debt and lower interest rates resulted in net finance costs reducing by 28% year-on-year.
Mpact expects to publish its interim results on or about August 5.