Friday, August 3, 2007

Woolworths raises year earnings outlook

(Reuters) - South African fashion, food and homeware group Woolworths Holdings Ltd raised its outlook for full-year headline earnings per share on Friday, saying it expected an increase by as much as 30 percent.

Woolworths said it expected headline earnings and headline EPS -- the key profit measure for South African firms which excludes non-trading, capital and certain extraordinary items -- to rise by 20-30 percent.


Read more at Reuters Africa

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