Metair to return to the black
The group focused on the recovery of the wiring business at its managed associate Hesto Harnesses and stabilising Mutlu Akü in Turkey
11 March 2024 - 07:54
Metair expects to return to profitability in the year to end-December as the group focused on the recovery of the wiring business at its managed associate Hesto Harnesses and stabilising Mutlu Akü in Turkey.
The automotive components manufacturer and battery maker expects to report headline earnings per share (HEPS) of between 128c and 140c from a loss of 17c a year ago, it said in a statement on Monday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.