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10 months ago
BRIEF-Famous Brands sees H1 HEPS between 67 pct to 74 pct higher
October 11, 2016 / 5:43 AM / 10 months ago

BRIEF-Famous Brands sees H1 HEPS between 67 pct to 74 pct higher

Oct 11 (Reuters) - Famous Brands

* Trading Statement

* HEPS expected to increase in range of 67 pct to 74 pct for the six months ended August 31, being 403 cents per share to 419 cents per share

* HY HEPS, before exceptional items, expected to increase in range of 10 pct to 14 pct, being 264 cents per share to 275 cents per share

* Exceptional items-a r141 million derivative gain on call option that was utilised to hedge purchase price of acquisition of GBK Restaurants limited in UK

* Exceptional items- a r20 million impairment of investment made in 2013 in UAC Restaurants Limited in Nigeria Source text for Eikon: Further company coverage:

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