Kaydav forecasts higher profits

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Kaydav Group (KDV) advised on Monday that it expects earnings per share and headline earnings per share for the six months ended June 2012 of between 4.5 cents and 5.1 cents‚ compared with EPS and HEPS of 3.2 cents for the six months ended June 2011.

This represents an increase of between 41% and 59%.

The board maker’s results are expected to be released by no later than September 28. - I-Net Bridge

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