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City Lodge sees FY dil HEPS 36%-40% higher
City Lodge Hotels (CLH) on Tuesday (31 July 2012) said diluted/undiluted headline and basic earnings per share for the year ended June 30‚ which include the costs and effects of its black economic empowerment (BEE) deal‚ are anticipated to be between 36% and 40% higher than the previous year.
Normalised headline earnings per share‚ which excludes the costs and effects of its BEE deal‚ are however anticipated to be between 14% and 18% higher than the previous year‚ the company said.
It is anticipated that City Lodge Hotels' results will be released on or about August 15.
