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Steinhoff HEPS seen 30-35% higher

Steinhoff International (SHF) advised on Monday that both the earnings per share from continuing operations and headline earnings per share from continuing operations for the year ended June 2012‚ will be between 30% and 35% higher than those reported in the comparable period ended June 2011.

The results for the period include the results of Conforama Holding S.A for the full reporting period‚ as well the first time consolidation of the JD Group and KAP International Holdings‚ with effect from 1 April 2012.

The results are further supported by solid overall performances from major operating divisions in their local currencies‚ the company said.

Steinhoff will release its results on or about 4 September 2012.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za

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