Sephaku expects higher H1 earnings

28th October 2016 By: Megan van Wyngaardt - Creamer Media Contributing Editor Online

Continuing its strong performance in the prior year, JSE-listed building and construction materials company Sephaku Holdings on Friday said it expects the group’s basic earnings a share for the six months to September 30, to be 26% to 46% higher year-on-year at 11.57c to 13.41c.

Headline earnings a share are expected to increase to between 11.45c and 13.27c apiece, compared with the 9.12c recorded in the six months to September 30, 2015.