• Conflict over water, coal

    SA's leaders have upped their support of the water-intensive coal industry, says Keith Schneider.

  • Cost of doing business

    The world can't afford the $4.7trn a year in environmental costs of business, says Mandi Smallhorne.

  • Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

All data is delayed
Loading...
See More

Adcock eyes higher earnings

Oct 28 2011 15:49
I-Net Bridge

Company Data

ADCOCK INGRAM HOLDINGS LIMITED [JSE:AIP]

Last traded 41
Change -2
% Change -4
Cumulative volume 115116
Market cap 0

Last Updated: 31-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Adcock acquires major stake in Bioswiss

Adcock ordered to withdraw painkillers

Controversial painkillers on sale again

Adcock Ingram acquires vitamins firm

Losing firm to press for tender breakdown

Drug suspension hits Adcock profit

 
Johannesburg - The country's second-biggest pharmaceutical group, Adcock Ingram Holdings [JSE:AIP] advised on Friday that headline earnings per share for the year  are expected to be between 29% and 32% higher than the previous corresponding year's figure of 354.8 cents.

Basic earnings per share for the year from continuing operations are expected to be between 27% and 30% higher than the previous year's figure of 354.9c.

In a trading statement, the group reminded shareholders that a non-tax deductible International Financial Reporting Standards 2 share-based payment expense of R269m was incurred in the 2010 financial year (equivalent to 154.8c per share in that year), in relation to the Adcock Ingram broad-based black economic empowerment transaction approved in a general meeting of shareholders on April 9 2010.

The group's financial results for the year ended September 30 2011 will be released on Sens on November 22.

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The upcoming petrol price hike is:

Previous results · Suggest a vote

Loading...