Higher headline earnings forecast for Combined Motor Holdings

Published Sep 26, 2017

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JOHANNESBURG - Combined Motor Holdings (CMH), the listed vehicle retailer, expects its headline earnings a share for the six months to August to be between 5 and 15% higher than in the previous corresponding period. 

CMH said last week this equated to headline earnings a share of between 122.4cents and 134.1c, compared with 116.6c in the previous period. 

It said earnings a share were expected to be between 30 and 40% higher than in the previous corresponding period. This equates to earnings a share of between 124.8c and 134.4c for the six months to August, compared with 96c in the previous period.

- BUSINESS REPORT 

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