JD Group forecasts higher earnings
Johannesburg - I-Net Bridge JD Group [JSE:JDG] advised on
Monday that its headline earnings per share and earnings per share attributable
to shareholders for the 12 months ended August 2011 are expected to be between
400 cents per share and 410c per share.
The headline earnings per share and
earnings per share for the previous corresponding period were 303.6c per share
and 304.9c per share respectively.
The results include Unitrans Auto and Steinbuild for two
months, however, their results did not have a material impact on headline
earnings per share as an additional 49.3 million shares were issued in
consideration for the acquisition.
The group's results will be released on 14 November.