Better results from ERP.com

By Iain Scott, ITWeb group consulting editor

Johannesburg, 03 Aug 2004

ERP.com Holdings says it expects earnings to be up when it reports its year-end results next month.

It says in a trading update issued this morning that it expects earnings and headline earnings for the year to 31 July to be materially higher than those of the previous year.

In terms of JSE definitions, this refers to an improvement of between 10% and 30%.

The results are expected to be published in mid-September.

ERP.com has consistently reported solid improvements in its results since listing in 1999. For the year to July 2003, it increased headline earnings per share to 11.5c from 7.2c the previous year.

Revenue of R130.73 million compared with R104.45 million previously.

The group graduated from the JSE`s venture capital board to the main board in January last year.