10% boost in headline earnings expected

LISTED Adrenna Property Group expects its headline earnings a share for the six months to August to be between 5 and 10 percent higher than in the previous corresponding period. This equates to headline earnings a share of between 4.8 cents and 5.1c for this reporting period compared with 4.6c in the prior period. Adrenna expects its basic earnings a share for the period to be between 235 and 240 percent higher at between 10.8c and 11.0c compared with 4.6c in the prior period. The group expects to release its interim financial results on Friday. Adrenna Property shares were unchanged at R0.66 yesterday. – Roy Cokayne DISCOVERY