Shares in staffing company CSG jumped as much as 13.4% on Thursday morning, after the company reported that headline earnings per share (HEPS) for the six months to end-September rose 19% to 11.37c compared with the year-earlier period.After-tax profit increased by 37% to R59.6m and operating profit 38% to R84.4m, partly as a result of new acquisitions that had created security and cleaning divisions, the company said in a statement.Headline earnings climbed 39%, while HEPS were diluted by additional shares issued as a result of the acquisition of catering services company Ukweza.During the period, the company also acquired Revert Risk Management Solutions for R100m, leading to the creation of a third company division covering the security sector.The outlook remained tough, with only a small number of new infrastructure developments in the near future, the company said.Overall organic growth was still possible, and economic conditions provided opportunity for further acquisitions. T...
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