Bytes Technology Group (BTG) expects headline earnings per share for the six months to end-August to be marginally up on the year-earlier period, although goodwill amortisation will see a substantial drop in basic earnings per share.
The goodwill amortisation relates to the acquisition of Plato Computer Services (UK) and the 50% plus one share interest in Xerox SA.
The group says that since the earnings information has not been reviewed and reported on by a reporting accountant, its shareholders should exercise caution when dealing in the company`s shares until the interim results have been released.
The group is expected to publish the results tomorrow.
In terms of JSE listings requirements, a substantial change refers to a variation greater or equal to 30%. A marginal change is a change of less than 10%.
The BTG share was trading at 400c on the JSE early this morning, down 5c or 1.23% from yesterday`s close.
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