Adrenna Property Group expects lower HEPS for the year ended 28 February 2015

Posted On Tuesday, 12 May 2015 19:13 Published by
Rate this item
(0 votes)

Adrenna Property Group Limited headline earnings per share for the year ended 28 February 2015 expected to be between 10% and 20% lower.

 

Headline earnings per share (“HEPS”) for the year ended 28 February 2015 are expected to be between 10% and 20% lower (7.02 and 6.24 cents per share) and basic earnings per share (“EPS”) are expected to be between 40% and 50% lower (13.14 and 10.95 cents per share) than the HEPS of 7.8 cents per share and the EPS of 21.9 cents per share reported for the previous financial year ended 28 February 2014.

The audited annual financial statements and consolidated annual financial statements for the year ended 28 February 2015 will be mailed to shareholders before the end of May 2015. The abridged financial statements in respect of the year ended 28 February 2015 will be released on SENS

simultaneously with the mailing of the audited annual financial statements. This trading statement has not been reviewed and reported on by the Group’s external auditors

 

Most Popular

Residential sectional title sales again on the rise

May 27, 2021
Andrew_Golding_Golding_PropertyGroup
Over the past 15 years, the sectional title market in South Africa has become entrenched…

Ongoing property market uncertainty makes the right finance partner key to extracting value

May 26, 2021
Claire Denny
Results from the listed property sector in 2020 showed property values reducing by an…

Pick n Pay and Fortress co-invest in a super distribution centre development

May 26, 2021
Fortress_Pick_n_Pay
Fortress REIT announced that their biggest logistics development to date was signed with…

Exemplar REITail declares final dividend of 49.07 cps and announces 100% distribution

May 25, 2021
Mall of Thembisa
Rural and township retail specialists, Exemplar REITail, have declared a final dividend…

East Rand Mall will soon deliver the first phase of its major taxi rank upgrade

May 26, 2021
Phase 1 upgrade to the taxi rank at EastRand Mall
The first-phase upgrade of East Rand Mall taxi rank in the retail heart of Boksburg,…

Please publish modules in offcanvas position.