Old Mutual Ltd - Anglo-South African financial services firm - Expects basic earnings per share in the six months ended June 30 to rise by between 65% and 85% to between 4,924 rand cents and 5,520 cents from 2,984 cents in the previous year. Headline earnings per share are expected to rise by between 52% and 72% to between 4,824 cents and 5,455 cents from 3,155 cents. Headline earnings are expected within a range of ZAR4.82 billion to ZAR5.46 billion, up by 53% to 73% from ZAR3.16 billion the previous year.
Current stock price: ZAR11.45
12-month change: down 15%
By Heather Rydings; heatherrydings@alliancenews.com
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Old Mutual Lim. (OMU)