Share up 16.48% on trad­ing up­date

The Star Late Edition - - NEWS -

NIVEUS In­vest­ments share price gained 16.48 per­cent to R10.60 a share on the JSE fol­low­ing the re­lease of its trad­ing up­date. Niveus In­vest­ments ex­pected its at­trib­ut­able earn­ings per share to show an in­crease of at least 31.8 per­cent for the six months to the end of Septem­ber. The group said it would re­port at­trib­ut­able earn­ings per share (Eps) of be­tween 110.8 cents and 115c and head­line earn­ings per share (Heps) of be­tween 107.7c and 124.1c, an in­crease of be­tween 31.8 per­cent and 51.9 per­cent, com­pared with Eps of 21.3c and Heps of 81.7c last year. – Sandile Mchunu

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