Higher earnings for Nampak

Johannesburg - Packaging company Nampak [JSE:NPK] said on Wednesday that for the financial year ended September 2010 its headline earnings per share and earnings per share will be 70% to 90% higher and 290% to 310% higher respectively than in the previous year.

This was unchanged from its July trading statement.

However, operating profit is now expected to be between 120% and 140% higher than the previous year, which was slightly different from the previously indicated 130% to 150% higher.