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Zeder interims HEPS drop 57.9% to 6.1c
Zeder (ZED) on Monday reported headline earnings per share (HEPS) for the six months ended August fell 58% to 6.1c from the matching period's 14.5c.
The food producer holding company said this was due to nonrecurring performance fee expenses and marked-to-market losses, mainly due to the reclassification of Pioneer Foods (PFG) as an associate following the Agri Voedsel scheme of arrangement.
Source: BDpro