Share

Discovery issues trading statement

Johannesburg - Shareholders of Discovery [JSE: DSY] are advised that normalised headline earnings per share are expected to be between 15% and 25% higher than that of the corresponding period.

In the current period, Discovery has continued, as in prior periods, to focus on the progression of normalised headline earnings that excludes the accounting impact of the Standard Life Healthcare acquisition, the recapture of reinsurance and the accounting for the puttable non-controlling interest financial liability.

Management is of the view that this best represents the underlying operating performance.

As a result of the accounting for the recapture of reinsurance and the increase in the fair value of puttable non-controlling interest financial liability, shareholders are advised that headline earnings per share are expected to be between 0% and 10% lower than that of the corresponding reporting period of the previous year, while earnings per share are expected to be between 0% and 10% lower than the corresponding period.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.94
-0.0%
Rand - Pound
23.90
-0.0%
Rand - Euro
20.41
+0.1%
Rand - Aus dollar
12.32
+0.1%
Rand - Yen
0.13
-0.0%
Platinum
908.05
+1.2%
Palladium
1,014.94
+1.3%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders