BRIEF-Momentum Metropolitan Hldgs HY HEPS 55.9 Cents

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BRIEF-Momentum Metropolitan Hldgs HY HEPS 55.9 Cents
Credit: © Reuters.

March 4 (Reuters) - Momentum Metropolitan Holdings Ltd MTMJ.J :

* JSE: MTM - MMIG06 - UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2020

* MOMENTUM METROPOLITAN - HY HEADLINE EARNINGS PER SHARE 55.9 CENTS

* MOMENTUM METROPOLITAN - DECLARED AN INTERIM ORDINARY DIVIDEND OF 25 CENTS PER ORDINARY SHARE IN RESPECT OF SIX MONTHS ENDED 31 DECEMBER 2020

* MOMENTUM METROPOLITAN - LOOKING AHEAD, WE REMAIN CAUTIOUS ABOUT PACE OF ECONOMIC RECOVERY ACROSS OUR OPERATIONS

* MOMENTUM METROPOLITAN - REMAIN CAUTIOUS ABOUT PACE OF ECONOMIC RECOVERY ACROSS OUR OPERATIONS

* MOMENTUM METROPOLITAN - IT WOULD BE INAPPROPRIATE TO PROVIDE FIRM GUIDANCE ON OUR F2021 EARNINGS.

* MOMENTUM METROPOLITAN - WE ARE IN FINAL STAGES OF UPDATING OUR STRATEGY FOR PERIOD BEYOND F2021

* MOMENTUM METROPOLITAN-SEES IN ABSENCE OF EXTRANEOUS SHOCKS, UNDERLYING LEVEL OF NORMALISED HEADLINE EARNINGS IS ABOUT R800 MILLION TO R1,000 MILLION PER QUARTER

* MOMENTUM METROPOLITAN - WILL CONTINUE TO INVEST IN OUR CORE OPERATIONS

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