BRIEF-Italtile Says FY HEPS Up 12 Pct To 95.0 Cents

  • Reuters
  • Stock Market News
BRIEF-Italtile Says FY HEPS Up 12 Pct To 95.0 Cents
Credit: © Reuters.

Aug 21 (Reuters) - Italtile Ltd ITEJ.J :

* FY TRADING PROFIT R1 518 MILLION UP 43%

* FY SYSTEM-WIDE TURNOVER R8,7 BILLION UP 40%

* FY HEADLINE EARNINGS PER SHARE 95,0 CENTS UP 12%

* SPECIAL DIVIDEND PER SHARE 30,0 CENTS

* ORDINARY DIVIDENDS PER SHARE 38,0 CENTS UP 27%

* ANTICIPATE FIRST HALF RESULTS FOR NEW FINANCIAL YEAR WILL BE BETTER THAN COMPARABLE FIRST HALF OF PRIOR YEAR, DUE TO LOW BASE EFFECT

* RESULTS IN H2 OF YEAR EXPECTED TO BE LESS ROBUST THAN H2 OF YEAR UNDER REVIEW, UNLESS COUNTRY-SPECIFIC RISK FACTORS REDUCE MATERIALLY

* GOAL FOR NEW FINANCIAL YEAR WILL BE TO CONTINUE TO DELIVER IMPROVED HEADLINE EARNINGS GROWTH

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