Fin24

Vox drops expectations

2009-11-24 09:54

Johannesburg - Vox Telecom said on Tuesday that it expects headline earnings per share to be between 48% to 58% higher for the year ended August, from 4.04c per share reported in the prior period.

The group previously estimated an increase of between 60% to 70%, as announced on November 10.

Earnings per share were expected to be between 40% to 50% higher than the 3.78c per share reported in the prior year, Vox said.

The group said that its audited results are due for release on November 25.

- I-Net Bridge