BRIEF-Italtile Believes Solid Headline Earnings Growth Will Be Achieved In HY

  • Reuters
  • Stock Market News
BRIEF-Italtile Believes Solid Headline Earnings Growth Will Be Achieved In HY
Credit: © Reuters.

Jan 28 (Reuters) - Italtile Ltd ITEJ.J :

* JSE: ITE - VOLUNTARY TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2018

* ITALTILE LTD - SYSTEM-WIDE TURNOVER FOR SIX MONTHS WAS R5.3 BILLION, 25.3% HIGHER THAN PRIOR CORRESPONDING PERIOD

* ITALTILE LTD - HY TOTAL RETAIL STORE TURNOVER GREW 6.3% FOR REVIEW PERIOD COMPARED TO PREVIOUS CORRESPONDING PERIOD

* ITALTILE LTD - HY LIKE-ON-LIKE RETAIL STORE TURNOVER UP BY 4.6%

* ITALTILE LTD - HY BASIC EARNINGS PER SHARE IS EXPECTED TO BE BETWEEN 54.4 CENTS AND 55.9 CENTS

* ITALTILE LTD - VERY STRONG DOUBLE-DIGIT GROWTH IN HEADLINE EARNINGS PER SHARE WAS ACHIEVED FOR SIX-MONTH PERIOD ENDED 30 JUNE 2018

* ITALTILE LTD - MANAGEMENT BELIEVES THAT SOLID HEADLINE EARNINGS GROWTH WILL BE ACHIEVED IN FORTHCOMING SIX MONTHS

* ITALTILE LTD - BELIEVES SOLID HEADLINE EARNINGS GROWTH TO BE ACHIEVED IN FORTHCOMING 6 MONTHS, ALBEIT NOT AT SAME LEVEL AS PCP

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