WBHO: Earnings to dip by up to 22.5%

Comment on this story


Wilson Bayly Holmes-Ovcon (WBHO) expected its earnings a share and heading earnings a share for the six months to December to decrease by between 17.5 percent and 22.5 percent from a year earlier, the listed construction and engineering group said yesterday. It blamed the decline on losses at Capital Star Steel, a pipe factory in Mozambique, the disposal of shelving firm Symo and subdued mining in west Africa. It will publish its interim financial results on February 24. The shares slid by 5.57 percent to close at R146 yesterday. – Roy Cokayne


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks