Product mix boosts revenue of Denny owner Libstar
The company reported interim gross organic revenue growth of 4.5% to end-June, although changes to accounting standards will hit Heps
Consumer goods group Libstar said on Monday it managed solid volume growth for its core product offerings in the six months to end-June, but accounting changes will weigh somewhat on its interim headline earnings per share (Heps) growth.
Heps for the period is expected to rise 45%-55% after the accounting changes, the group said. Without the new accounting rules, Heps would have risen 78.4%.