JOHANNESBURG - Cartrack Holdings, the listed fleet management, stolen vehicle recovery and insurance telematics group, expects both its headline earnings a share and its earnings a share to increase by between 20% and 22% in the six months to August.
This equates to headline earnings a share and earnings a share of between 46cents and 47c, compared with headline earnings a share of 38c and earnings a share of 39c in the prior period.
The company said yesterday the increase was primarily attributable to subscriber growth over the corresponding period. The group’s interim financial results are expected to be released on October 11.