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Johannesburg - Construction firm WBHO said on Wednesday it expected full-year headline earnings per share to rise between 15% to 25%.
Wilson Bayly Holmes-Ovcon, which is involved in the construction of some of the stadiums for the 2010 soccer World Cup in South Africa, said it sees EPS rising by between 15-25 percent in the year to end-June.
Shares in the company fell 2.54% at R113.50 by 13:57, lagging a 1.02% weaker JSE all-share index.
South African construction firms have proved more resilient in the face of the global financial crisis than many overseas peers, thanks to building projects related to the 2010 soccer World Cup and a big government infrastructure spending plan.
WBHO rival Group Five on Tuesday posted a 28% rise in diluted headline EPS.
Africa's biggest construction company Murray & Roberts has forecast stronger annual earnings on the back of World Cup projects, while rival Aveng has said it expects to report a decline in full-year earnings, hit by its exposure to the steel industry.
- Reuters