The furniture retailer said it anticipated earnings per share and headline earnings per share for the year ended 2013 will rise by between 20% and 25% compared with last year.
"What they are showing is well ahead of expectations‚ almost in line with what people expected them to earn in 2014‚" Investec Asset Management analyst Rob Forsyth said.
On Wednesday (28 August)‚ Steinhoff's shares were up 5.07% at R29.21‚ valuing the company at R53.63bn.
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