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Eqstra earnings seen 1%-7% lower

Johannesburg - Leasing and capital equipment group Eqstra [JSE:EQS] said on Monday it expected its headline earnings per share from continuing operations to decrease by between 1% and 7% in the year ended June 2012‚ compared with the restated HEPS in the same period a year ago.

A portion of the construction and mining equipment distributorship division has been classified as discontinued operations‚ as a result of the sale of the Eqstra mining services business unit and the termination of a distribution agreement.

Earnings per share are to increase by between 20% and 30%‚ from the restated EPS a year ago.

Eqstra's year-end results are expected on August 21.

 
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