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Franchising News South Africa

Famous Brands HEPS seen up 14-16% to 276-281c

Famous Brands says for the year ended February 2012 it expects to report headline earnings per share (HEPS) and earnings per share (EPS) (calculated on an IFRS basis) of between 276 cents per share and 281 cents per share - an improvement on the prior year comparable headline and earnings per share of between 14% and 16%.

Releasing a voluntary trading update today, Monday 7 May 2012, the group said that on a diluted basis, it expects to report diluted HEPS and diluted EPS of between 270 cents per share and 275 cents per share, also an improvement of between 14% and 16%.

Source: I-Net Bridge

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