Data provided by iNet BFA
Loading...
See More

Vodacom forecasts higher earnings

May 03 2012 08:48 I-Net Bridge

Company Data

VODACOM GROUP LIMITED [JSE:VOD]

Last traded 129.00
Change -1
% Change -0.01
Cumulative volume 1029818
Market cap 191.95bn

Last Updated: 28/08/2014 at 04:18. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Cell C wants to double market share

Vodacom boasts sales jump

Vodacom appoints new CFO

Vodacom ups revenue on data boost

Vodacom boasts growth in Tanzanian users

Vodacom suffers service disruption

 

Johannesburg - Mobile carrier Vodacom Group [JSE:VOD] expects its headline earnings per share for the year ended March 31 to be between 5% and 10% higher than the prior year of 656 cents per share.

The company said in a statement on Wednesday that basic and headline earnings were negatively impacted by an effective tax rate of 36%, mainly due to secondary tax on companies on higher dividends paid and the movement in net deferred tax assets.

Higher depreciation and amortisation from higher capital expenditure, including non-cash capital additions, also had a negative impact.

 
vodacom group
NEXT ON FIN24X

 
 
 

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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Expanding your business requires capital and banks have stringent lending criteria in place.
 

Money Clinic

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