Johannesburg - Supplier of raw wooden boards and upgraded wooden products KayDav Group [JSE:KDV]
advised on Monday that it expects earnings and headline earnings per share of between 1.5 and 1.7 cents for the six months ended June 30 2010 compared to 1.8 cents previously.
Earnings and headline earnings are however, expected to be between 30% and 40% below the R5.335m and R5.3m reported in 2009 respectively.
The company said it repurchased 110.65 million KayDav ordinary shares between July 1 2009 and June 30 2010.
KayDav said it would publish its results by no later than September 30 2010.