Tiger Brands sees FY HEPS up between 13% and 16%

Diversified food conglomerate Tiger Brands (TBS) says full year headline earnings per share (HEPS) for continuing operations to end September is expected to be between 13% and 16% higher compared to the previous comparable period.

Earnings per share is expected to be between 20% and 23% lower following the decision to impair certain assets relating to Dangote Flour Mills.

The results are set to be released on 19 November 2014.

Tiger Brands closed 2.27% higher at R337.05 on Wednesday, 5 November.

Source: BDpro via I-Net Bridge


 
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