Brait issues profit forecasts

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International investment group Brait (BAT) said on Tuesday it expected its normalised headline earnings per share in the year ended March 2012 to be R4.33 compared with the same period a year ago, while the final proposed bonus share dividend was anticipated to be 20.59 cents per share.

Net asset value per share in the period under review is anticipated to be R20.59.

Brait, which is also listed on the Luxembourg Stock Exchange, said headline earnings per share are anticipated to be R5.45.

The full year results are expected on June 6. - I-Net Bridge

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