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United States

Liberty Holdings Ltd (LBHJ.J)

LBHJ.J on Johannesburg Stock Exchange

11,598.24ZAc
14 Dec 2017
Change (% chg)

284.24 (+2.51%)
Prev Close
11,314.00
Open
11,603.00
Day's High
11,921.00
Day's Low
11,400.00
Volume
364,974
Avg. Vol
550,060
52-wk High
12,491.00
52-wk Low
9,763.00

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Fri, Nov 24 2017

South Africa's Liberty Holdings flags weaker profit margins

JOHANNESBURG, Nov 24 South African long-term insurer Liberty Holdings on Friday flagged a weaker profit margin for business in the nine months to end-September, as political and economic uncertainty influence investment decisions by clients.

UPDATE 2-S.Africa's Liberty to slow expansion, focus on margins in turnaround drive

* Shares fall as much as 7 percent (Adds CEO, analyst, updates shares)

BRIEF-Liberty Holdings sees HY HEPS between 546.9 - 613.5 cents

* HY HEADLINE EARNINGS AND NORMALISED HEADLINE EARNINGS ARE LOWER THAN FIRST HALF OF 2016, BUT REFLECT A RECOVERY IN COMPARISON TO SECOND HALF OF 2016

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