PSG Group said on Wednesday that headline earnings for the 6 months ended August will be between 134c and 137c per share or between 352.7% and 362.8% higher. Recurring headline earnings after funding and secondary tax on companies (i.e. reportable headline earnings before marked-to-market profits/losses and abnormal items not necessarily of a recurring nature) will be between 78c and 85c per share or between 5.7% and 15.2% higher. Attributable earnings will be between 111c and 114c per share or between 266.3% and 276.2% higher than that for the 6 months ended August 31 2008.
"The increase in headline and attributable earnings per share is mainly as a result of marked-to-market profits," the group stated. The results for the 6 months ended August 31 2009 will be published on October 14 2009. PSG Group has investments in Capitec Bank, Zeder Investments and Petmin.
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