Adapt IT to report more than 40% drop in earnings
The technology group’s results were affected by the difficult trading environment and the adoption of new accounting standards
14 February 2020 - 18:19
Listed technology group Adapt IT said on Friday that it will likely report a more than 40% decrease in earnings for the six months to December 2019.
Adapt IT said it expects headline earnings per share (HEPS) to decrease by between 41.7% and 51.7%, to between 14.44c and 17.42c, compared to 29.89c per share achieved in the previous comparative period...
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