Vox Telecom improves earnings

Staff Writer
By Staff Writer
Johannesburg, 05 Oct 2007

Vox Telecom has advised shareholders that there is a "reasonable degree" of certainty that its earnings per share will be between 90% and 110% higher than the previous year.

It also said its headline earnings per share are forecast to be 100% to 120% higher than the 3.86c and 3.36c achieved respectively in 2006.

According to the company, its improved performance can be largely attributed to the increase in contracted annuity income from organic and acquisitive growth.

Vox Telecom's financial results for the year ended 31 August are expected to be released on, or around, 14 November.

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