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Blue Label Telecoms warns of Cell C losses

Friday 20 September 2019 | 09:34 CET | News
Blue Label Telecoms has advised shareholders that headline and core headline earnings per share for the year ended May are expected to decrease by more than 20 percent from 2018, citing large losses at Cell C. In its updated trading statement, it said core headline EPS will show a loss between ZAR 3.03 and ZAR 3.07 per share compared with positive ZAR 1.21 before. Cell C trading losses and related impairments contributed a ZAR 2.86 loss.

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Categories: Mobile & Wireless
Companies: Blue Label Telecoms / Cell C
Countries: South Africa
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