Mvelaserve release further trading statement
Mvelaserve released a trading statement on SENS on 6 February 2013 ("the first trading statement"), which reported an expected increase of at least 20% in statutory headline earnings per share ("HEPS") and basic earnings per share ("EPS") for the six months ended 31 December 2012 ("the period"), compared to the comparative period of the prior year.
Further to the first trading statement, the company is now in a position to clarify the extent of the increase in HEPS and EPS. HEPS for the period is expected to be 104% to 119% higher than that of the prior year comparative periodĘs reported HEPS of 19.5 cents per share. EPS for the period is expected to be 241% to 256% higher than that of the prior year comparative period's reported EPS of 12.1 cents per share.
The group's interim results for the period are expected to be released on SENS on or about 7 March 2013.