15 Apr 2010

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Coronation sees surge in earnings

Johannesburg - Coronation Fund Managers said Thursday that its earnings per share and headline earnings per share for the half year ended March 2010 are expected to increase by at least 150% when compared to those for the prior comparative period.

The company said more specific information will be provided to shareholders as soon as there is a reasonable degree of certainty as to the range, within 20%, by which earnings per share and headlines earnings per share have increased.

Coronation's results will be released on or about 6 May 6 2010.

The company currently manages assets of R176bn, according to its website.

- I-Net Bridge

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