Clover forecasts higher profits
FMCG SUPPLIER NEWS
IOL Business - Sep 9th 2011, 09:03
Clover Industries (CFR) said on Thursday that headline earnings per share for the 2011 financial year were likely to increase to 113.84 cents from 33.07 cents previously.
The branded consumer goods and beverages group said headline earnings per share from continuing operations were likely to increase to 113.84 cents from 12.29 cents previously.
The company said headline earnings from continuing operations were expected to increase to 175.2 million rand from 19.0 million rand.
Clover will release the results on September 19. -
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