Stock in EOH gained marginally yesterday, after the group said earnings would be higher in the full year.
The stock moved up 0.95%, gaining 62c, to close at R66, beating the JSE's all share index, which lost 1.79%. EOH was listed on the JSE in 1998 and has reported revenue growth of more than 40% each year since then.
The company, which will report its results on 11 September, said headline and earnings per share would be between 30% and 35% higher than last year. A year ago, earnings per share gained 29.8%, to 254.9c.
Headline earnings per share, seen as a key indicator of a company's performance as unusual items are stripped out, gained 29.1%, to 253.1c, in the last financial year.
The group has been growing through a combination of organic growth and acquisitions. It has identified several countries in East and West Africa that it hopes will account for around 30% of its revenue within five years.
In the 2012 year, turnover gained 50%, to R3.6 billion, while pre-tax profit moved up to R339.9 million - a 45% improvement.
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