Sanyati has announced fully diluted headline earnings from continuing operations at 7.60c for the year ending in February, from 15.42c previously.

Sanyati Holdings says that it expected its headline earnings per share for the year to February to be about 52% lower than at the same time last year.

Sanyati Holdings says that it is beginning to see benefits for its diversification strategy as the group entered into final negotiations in Uganda for a R720m roads project.

Sanyati says that the 2010 budget is good news for its industry and has confirmed state's commitment to the 3- year R846bn infrastructural program.