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Voxtelcom expects higher EPS but lower HEPS
Voxtelcom shareholders were referred to the announcement published by the company on SENS on 11 October 2011 wherein shareholders were advised that the company expected to report, for the year ended 31 August 2011, an increase in basic earnings per share ("EPS") of more than 100% (as the company expects to generate a basic profit per share), when compared to the results published in respect of the year ended 31 August 2010 (loss per share of 61.32 cents) and a decrease in headline earnings per share ("HEPS") of at least 19%, when compared to the results published in respect of the year ended 31 August 2010 (HEPS of 6.45 cents).
The company has subsequently been able to quantify, with a greater degree of certainty, the expected EPS and HEPS for the year ended 31 August 2011. Voxtelcom expects to report an increase in EPS of between 106% and 111% and a decrease in HEPS of between 19% and 24%.
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