Grand Parade says full-year headline earnings could almost triple
The company said HEPS could rise as much as 191% to end-June from the prior period’s 11.8c loss
11 September 2019 - 13:16
The share price of Grand Parade Investments (GPI), which holds the master franchise of Burger King in SA, was on track to close at a one-month high on Wednesday after the company said headline earnings per share (HEPS) could almost triple in the year to end-June.
HEPS were expected to rise by between 171% and 191% to between 7.97c and 10.21c, the company said in a trading update. It loss per share was expected to see an improvement of between 18% and 38% when compared to the loss of 11.66c previously...
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