By Kimberly Guest, ITWeb contributor
Johannesburg, 27 Mar 2008
JSE-listed Square One Solutions Group expects headline earnings per share (HEPS) to be approximately 35% higher this year.
This expectation indicates the company has recovered from its interim 28% slide in HEPS. At that time, the company explained the decrease was due to certain "restructuring and integration costs" related to the acquisition of NETIntellect.
In the 2006 financial year, Square One posted HEPS of 11.2c, a 20% increase year-on-year.
The company plans to release its financial statements for the year ended 31 December at the end of the month.
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