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Shares of EOH had their best day in more than a month on Thursday, rising almost 10% after the technology group flagged progress in its financial turnaround, with strong demand for digital services helping interim operating profit to about double.

The end-to-end IT services provider said in a trading update late on Thursday that it expects headline earnings per share to rise 206%-222% in the six months to end-January, from a loss of 36c previously. Operating profit is expected to rise to R180m- R150m, from R76m previously, up to 137% higher...

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