Subscribe & Follow
#CannesLions
- The new standardCarl Willoughby
- All the South African winnersDanette Breitenbach
- Final Grande Prix and LionsDanette Breitenbach
Trending
- #Cannes2024: All the South African winnersDanette Breitenbach
- Gauteng government buys newspaper space to praise MECDaniel Steyn, Joseph Bracken and Raymond Joseph
Jobs
- RSA - Repair Shop Assistant George
- Customer Experience Team Leader Johannesburg North
- New Vehicle Sales Executive Paarl
- Vehicle Sales Manager Newcastle
- Senior Fleet Controller Helderberg, Strand, Gordens Bay, Somerset West
- Sales Manager Johannesburg North
- Senior Pre-owned Sales Manager East Rand
- Vehicle Sales Executive - LCV Pinetown
- Pre-owned Vehicle Sales Executive Tshwane (Pretoria)
- Volkswagen Certified Service Advisor Durban
CMH earnings per share up 55%
![CMH earnings per share up 55%](https://biz-file.com/c/1304/130534.jpg)
This came in the context of a trading update the company issued on 9 April in which is stated that a "reasonable degree of certainty" existed that "the headline earnings per share and earnings per share for the year ended February will be up by between 45% and 55% and by 35% and 45%‚ respectively.
Citing "improved gross margins and a tight control over selling and administration expenses" in a Sens announcement made on Monday (22 April)‚ the company posted an 8.2% increase in revenue and a 35.3% hike in operating profit. The upshot was a 51.5% increase in headline earnings per share of 183‚9c.
Commenting in the Sens announcement on perceived high levels of cash resources at the company‚ Kerrianne Fonseca, the company secretary, said CMH would adopt a "conservative approach" to protect against potential interest rate rises.
The company said it would pay a dividend of 50c a share.
Source: I-Net Bridge
![](https://biz-file.com/b/1206/36520.gif?3)
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za![](/res/img/s.gif)