Fin24

Clicks boasts strong earnings

2011-03-24 11:38

Johannesburg - Clicks Group [JSE:CLS] on Thursday said that its diluted headline earnings per share (Heps) for the six-month period ended February 28 are expected to be between 20% and 25% higher than the corresponding period last year.

Diluted earnings per share for the period are expected to be between 20% and 25% higher than the comparative period.

The company reported a 24.5% increase in diluted Heps to 100 cents for the six months to end February 2010.

"The results have been driven by the continued strong performance from the core Clicks chain and the ongoing benefits of the group's capital management programme," it said.

Clicks Group's results for the first half will be released on April 14.