JSE results downpour forecast for Thursday
Companies scheduled to release results include Anglo American, Sibanye-Stillwater, Woolworths, Truworths, Discovery, Adcock Ingram, and JSE Ltd
A deluge of results from JSE-listed companies are diarised for Thursday, including those from the owner of the bourse, JSE Ltd. The list includes miners Anglo American and Sibanye-Stillwater, retailers Woolworths and Truworths, insurer Discovery, and pharmaceuticals maker Adcock Ingram. Anglo American, the top 40 index’s fourth-largest constituent, has not issued a trading update as would be required if its earnings differed by more than 20% from the year before. But its results have been preceded by its subsidiary Anglo American Platinum reporting on Monday and Kumba Iron Ore on Tuesday.
Sibanye-Stillwater said on Wednesday that it expected to report its headline loss per share narrowed to 1c from 12c. Its basic loss per share halved to R1.10 from R2.29, Sibanye-Stillwater said in its amended trading statement. Discovery warned shareholders on February 15 that it expected to report an 18% decline in interim headline earnings per share (HEPS) for the six months to end-December...
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