SecureData Holdings' earnings and headline earnings per share could be halved in the year to July, says the information security and risk management company.
In a Stock Exchange News Service announcement, the company says headline and earnings per share are expected to be between 30% and 50% lower than the last financial year. It did not provide reasons for the drop.
Adjusted earnings per share, which strips out amortisation charges, unrealised foreign exchange losses on forward exchange contracts and group loans, are expected to be between 0% and 20% higher than last year.
Last year, the company reported earnings per share of 5c, up from 2007's 3.9c. Headline earnings per share were 5c, up from 0.8c, and adjusted headline earnings per share were 10.9c, a drop from the previous 16.2c.
SecureData provides information security and risk management products and services to the channel and end-users in SA and some countries in Sub-Saharan Africa. It has five divisions.
The company expects to report its results on 7 October.
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