Johannesburg – Super Group [JSE:SPG] advised on Wednesday that for the year ended June 30 it expects to report earnings and headline earnings per share (HEPS) of between 165 cents and 180c‚ compared with HEPS of 108.3ce for year ended June 2011.
The company’s shares received a boost from the announcement‚ lifting 75c‚ or 4.95% to R15.90.
In addition‚ it is expecting to report a consolidated net profit after taxation for the period of between R572.2m and R617.1m compared with R368.7m a year ago.
Super Group is scheduled to release its results on or about 20 August.
The group indicated in a trading statement issued together with the February interim results announcement that EPS and HEPS for the year would be at least 160c.
It said although global economic conditions have continued to be uncertain‚ the regions and industry sectors in which the group operates have shown moderate growth.
It expects the firming in sales volumes experienced during the first six months ended December 2011 to continue. This improvement in sales‚ the continued focus on stringent cost control and savings in net finance costs will result in an excellent growth in earnings for the year.
The company’s shares received a boost from the announcement‚ lifting 75c‚ or 4.95% to R15.90.
In addition‚ it is expecting to report a consolidated net profit after taxation for the period of between R572.2m and R617.1m compared with R368.7m a year ago.
Super Group is scheduled to release its results on or about 20 August.
The group indicated in a trading statement issued together with the February interim results announcement that EPS and HEPS for the year would be at least 160c.
It said although global economic conditions have continued to be uncertain‚ the regions and industry sectors in which the group operates have shown moderate growth.
It expects the firming in sales volumes experienced during the first six months ended December 2011 to continue. This improvement in sales‚ the continued focus on stringent cost control and savings in net finance costs will result in an excellent growth in earnings for the year.