EOH Holdings, formerly Enterprise Outsourcing Holdings, says it expects to report a 25% to 35% growth in headline earnings per share (HEPS) for the six months to January.
The market welcomed the group`s trading update, which was issued on Friday afternoon, with the EOH share closing at 565c, up 15c or 2.7% from Thursday`s close.
The update also indicates that EOH will post a 40% to 50% increase in earnings per share (EPS) for the period.
For the six months to January 2005, EOH`s EPS rose from 18.51c to 21.2c, while HEPS increased from 19.64c to 23.98c.
EOH, which operates in the areas of consulting, technology and outsourcing, achieved revenue of R420.23 million for the year to July 2005, up from R299.54 million the previous year.
Full-year net profit amounted to R23.8 million.
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