News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Astrapak's earnings likely to fall

Packaging group Astrapak said last week it anticipated its headline earnings per share from continuing operations in the six months to August to drop by between 15% and 20% compared with the same period a year ago due to input costs‚ margin pressures and tighter selling prices.
Astrapak's earnings likely to fall

The company said‚ however‚ it had invested in operating capacity and was re-engineering both its rigid and flexible divisions for greater operating efficiency to move profitability to a sustainably improved base.

Earnings per share from continuing operations are also expected to decrease by the similar margin as the headline earnings per share.
The interim results are expected on September 20.

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
Let's do Biz