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EOH Holdings reports jump in Heps

Sep 12 2012 12:57 I-Net Bridge

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Johannesburg - Technology and business services group EOH Holdings [JSE:EOH] on Wednesday reported a 30.4% hike in diluted headline earnings per share for the year ended July 2012 at 224.6 cents from the 172.3c recorded in 2011.

“All areas of EOH's business operations have seen growth during the year under review with the revenue from services being the most significant generator of revenue‚” EOH said in a JSE Stock Exchange News Service statement on Wednesday.

The group’s revenue jumped 50% to R3.64bn and its profit before tax rose by 45% to R339.9mn.

The group declared a gross cash divided of 70 cents per share from 2011’s 48c.

“This represents a 32.6% increase of the cost of dividends to the company. Shareholders are advised that the last day of trade cum the dividend will be Friday‚ 19 October 2012‚” the group said.

"EOH will continue to grow both organically and acquisitively to meet the needs of its current and future clients.

"The organic growth will be propelled through the introduction of EOH's industry vertical approach. At the same time EOH will develop and/or acquire businesses in order to enhance its service offering‚” the group said.

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