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Cost-cutting paying off for Spescom

May 12 2010 11:07

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Johannesburg - Spescom [JSE:SPS] said Wednesday that it is expecting an increase of between 40% and 50% in attributable earnings and headline earnings for the six months ended March 2010 compared to the corresponding reporting period. A commensurate increase in headline earnings per share and earnings per share is anticipated, it added.

Spescom's operating performance continued to improve during the period in line with a further improvement in the relative contribution from the higher margin service related activities. Lower finance costs also contributed to the increase in profitability, it added.

Spescom's results for the six months ended March 2010 are expected to be published on or about May 20 2010.

 - I-Net Bridge

 
 
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