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AECI earnings to more than double

Jul 08 2010 09:22

Company Data

A E C I [JSE : AFE]

Last traded R87.25
Change R-0.35
% Change -0.40%
Cumulative volume 544,209
Market cap R10.80bn

Last Updated: 09/02/2012 at 17:14. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Johannesburg - Chemicals and explosives firm AECI [JSE:AFE] said on Thursday it expects its first-half earnings to more than double, boosted by stronger demand.

The company, which provides products and services to miners and manufacturers in Africa and elsewhere, said it expects first-half headline earnings per share to be between 115% and 135% higher.

Headline EPS, the main gauge of profit in South Africa, strip out certain one-time items. 

- Reuters

 
 
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