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Ellies sees 90% surge in earnings

Dec 12 2012 10:44

Company Data

ELLIES HOLDINGS LIMITED [JSE:ELI]

Last traded 2.70
Change -0.2
% Change -0.07
Cumulative volume 4345745
Market cap 819.47m

Last Updated: 24/07/2014 at 04:19. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Shares of electronic equipment maker and distributor Ellies Holdings [JSE:ELI] climb after the group said on Wednesday that it expected interim earnings per share and headline earnings per share to rise by at least 90%.

In a revised trade update Ellies said that it anticipated headline earnings per share to surge between 90% and 110% in the six months to October from the same period a year ago.

The interim results are expected on January 22.

At 10:00, the company's shares were up 2.4% at R6.88.

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