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Aveng forecasts higher profits

February 20 2013 at 08:00am
By Roy Cokayne

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Aveng expected earnings a share and headline earnings a share for the six months to December to be between 40 percent and 50 percent higher than in the previous interim period, the listed construction and engineering group said late on Monday. It expected earnings a share of between 99.1c and R1.062 (70.8c previously) and headline earnings a share of between 98.8c and R1.059 (70.6c). Aveng rose 0.76 percent to R31.99 yesterday. – Roy Cokayne


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