Oceana expects jump in headline earnings per share

Oceana Group [JSE:OCE] said in a trading statement that shareholders are referred to the trading statement released on SENS on 12 September 2018 and are advised that basic earnings per share (EPS) for the year ended 30 September 2018 compared to the year ended 30 September 2017 are now expected to increase between 78% and 88%, to between 714.3 cents per share and 754.4 cents per share.

Basic headline earnings per share (HEPS) for the year ended 30 September 2018 are now expected to increase between 80% and 90%, to between 705.4 cents per share and 744.6 cents per share compared to the comparative period.

The financial information on which this trading statement is based has not been reviewed or reported on by the company`s auditors. The company expects its results for the year ended 30 September 2018 to be released on SENS on or about Thursday 15 November 2018.

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