UPDATE 1-Tiger Brands sees FY profit up, grains business robust

* Headline EPS from continuing ops seen 18-21 pct up

* EPS from FY continuing ops seen 43-46 pct up

* Total group FY HEPS heps expected to be 6-9 pct down

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JOHANNESBURG, Nov 5 (Reuters) - South African consumer goods firm Tiger Brands (TBSJ.J) said on Thursday it expects to post a rise in full-year headline earnings per share from continuing operations, boosted by its robust grains businesses.

The country's biggest consumer goods company said it expects headline earnings per share from continuing operations -- which excludes Healthcare and Sea Harvest -- for the year to end-September to rise by between 18-21 percent.

"Whereas the trading environment for the second six months remained challenging, the operating results for the full year benefited from a particularly strong performance by the Group's Grains businesses," it said in a statement.

EPS from continuing operations for the period are expected to be 43-46 percent higher, boosted by a one-off post tax profit of 201.1 million rand from its disposal of Adcock in 2008 and a profit of 62.1 million rand after it sold off its stake in Sea Harvest.

Total group headline earnings per share, which include earnings from Healthcare, are expected to be 6-9 percent lower, while total group EPS are expected to be 8-11 percent higher.

Tiger Brands shares were up 0.26 percent to 155.90 rand by 1430 GMT, better than a slightly weaker JSE Top-40 index .JTOPI of blue chips.

The firm is expected to release its results on Nov. 24. (Reporting by Serena Chaudhry)