The group said the impairment of Dunkin’ Donuts and Baskin-Robbins, which were liquidated after December last year and reported as part of discontinued operations, would affect its basic earnings per share.
GPI said the losses on the discontinued operations were expected to widen to between 8.1percent and 28.1percent, or between 4.38c and 5.19c, compared with last year’s loss of 4.05c.
Last year, the group reported earnings per share of 2.92c.
GPI said, however, that it expected a better performance from its headline earnings per share (Heps) from continuing operations. It said Heps would increase to between 7.7percent and 27.7percent, or between 7.81c and 9.26c, from last year’s 7.25c.