BRIEF-Kaap Agri Bedryf Employee and Farm Worker Bee Trust HY HEPS 224,17 Cents

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BRIEF-Kaap Agri Bedryf Employee and Farm Worker Bee Trust HY HEPS 224,17 Cents
Credit: © Reuters.

May 10 (Reuters) - Kaap Agri Bedryf Employee and Farm Worker Bee Trust KALJ.J :

* CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 31 MARCH 2019

* HY REVENUE UP 28,7% TO R4 389 785

* HY RECURRING HEADLINE EARNINGS PER SHARE UP 3,2% TO 230,34 CENTS

* HY HEADLINE EARNINGS PER SHARE UP 1,4% TO 224,17 CENTS

* INTERIM DIVIDEND PER SHARE UP 4,7% TO 33,50 CENTS

* H2 WILL REMAIN CHALLENGING

* IMPROVED PERFORMANCE IN H2 WILL BE DEPENDENT ON NORMALISED WEATHER PATTERNS AND INCREASED CONSUMER CONFIDENCE

* RECOVERY IN WESGRAAN, STORE UPGRADES AND EXPANSIONS, REVENUE FROM NEW TFC SITES WILL CONTRIBUTE MORE SIGNIFICANTLY IN NEXT 6 MONTHS

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