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Spur Corp Ltd Issues H1 2013 Earnings Guidance


Tuesday, 19 Feb 2013 05:00am EST 

Spur Corp Ltd announced that for the first half of 2013, it expects to report growth of between 32% and 37% in earnings per share and headline earnings per share compared to the previous comparable period, being the first half of 2012. Profit before income tax for the period includes a charge of ZAR8.590 million (2011:ZAR1.211 million) in respect of the group’s cash-settled share appreciation rights incentive scheme and a credit arising from the related hedging instrument of ZAR15.027 million (2011:ZAR2.277 million). The net impact on profit before income tax is therefore a credit of ZAR6.437 million (2011: credit of ZAR1.066 million). 

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