Illovo up, expects higher earnings

SAMSUNG

SAMSUNG

Published Apr 16, 2013

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Johannesburg - Shares of Illovo Sugar advance nearly 2 percent after the South African sugar company says it expects its full-year earnings to rise by between 40 percent and 45 percent.

The company did not give a reason for the anticipated higher earnings.

It shares are up 1.89 percent at 32.30 rand. - Reuters

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