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Vodacom to ring in profits

Oct 22 2012 10:22 I-Net Bridge

Company Data

VODACOM GROUP LIMITED [JSE:VOD]

Last traded 127.10
Change 1.59
% Change 0.01
Cumulative volume 499619
Market cap 189.12bn

Last Updated: 28/07/2014 at 03:43. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg – Cellular network provider Vodacom [JSE:VOD] announced on Monday it expects its headline earnings per share for the six months ended September to be between 20% and 25% higher than the corresponding period last year.

It also said its basic earnings per share (EPS) for the same period is expected to be between 30% and 40% higher.

“Both HEPS and EPS were favourably impacted by strong underlying core operating performance and by the replacement of secondary tax on companies with dividend withholding tax‚ which is not included in the income statement tax expense‚” Vodacom said in a note on Monday.

vodacom  |  earnings  |  telecommunications
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