Caxton H1 HEPS down 6.5% to 61.3c

25 Feb 2016

Caxton and CTP Publishers and Printers (CAT) headline earning per share (HEPS) declined 6.5% to 61.2c in the six months ended December 31 2015 from 65.4c in the year-earlier period, the company said on Tuesday.

The period under review had been characterised by reduced growth, slowing consumer spending and recent volatility in the exchange rate, the printing company said.

These conditions contributed to difficult trading conditions that intensified towards the end of the year resulting in a decline in earnings, it said.

At 4.07pm the counter was untraded at R15.05 per share.

Source: BDpro

Source: I-Net Bridge

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