Higher earnings a share expected for Santova

Published May 10, 2018

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JOHANNESBURG - Santova, the listed integrated logistics solutions provider, has said that it expected to record its eighth consecutive year of growth in headline earnings a share since 2010. 

It said yesterday that its headline earnings a share for the year to February would be between 10 perent and 15percent higher than in the previous year. 

It said the result was achieved primarily through organic growth across its various regions in a period where the group did not make any new acquisitions and despite the significant strengthening in the value of the South African rand, which negatively impacted on the comparative translation of income from its foreign operations. Santova expects to publish its annual financial results on May 16. 

- BUSINESS REPORT 

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