0
Broadband

Naspers expects FY HEPS to rise by 124%

Thursday 13 June 2019 | 11:38 CET | News
Naspers said it expects headline earnings per share (HEPS) from continuing operations to rise by between 121 percent and 124 percent for the year to March 2019, lifted by fair-value gains recognised by Tencent, of which it owns 30 percent. Core headline earnings per share are expected to rise between 24 percent and 26 percent. Naspers said it considers core HEPS an appropriate indicator of group operating performance, as it adjusts for non-operational items. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Internet
Companies: MultiChoice / Naspers / Tencent
Countries: Africa
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Naspers FY revenue up 29% to USD 19 bln

Published 21 Jun 2019 16:08 CET | Africa
Naspers reported revenues up 29 percent to USD 19 billion for the year ended 31 March, from 16.4 billion the year before. The net ...

Last week in media: hardware from Google, cryptocurrency from Facebook and trouble for broadcasters

Published 17 Jun 2019 07:02 CET | World
The media sector made a further recovery from previous losses. The Telecompaper Stock Index Global Consumer Media ended week 25 ...

PayU acquires Turkish company Iyzico for USD 165 mln

Published 12 Jun 2019 14:18 CET | Turkey
Naspers subsidiary PayU has reached an agreement to buy Turkish digital payments company Iyzico for USD 165 million. The ...

MultiChoice expects FY loss per share but higher core HEPS

Published 12 Jun 2019 09:36 CET | Africa
The MultiChoice group said it expects a loss per share for the year ended 31 March at between ZAR 6.73 and ZAR 7.39 lower than ...

Naspers plans NewCo listing for mid-July

Published 29 May 2019 08:44 CET | World
Naspers has released a circular to shareholders to convene an Extraordinary General Meeting (EGM) on 28 June regarding its ...





Calendar   /   Industry Events

15 Oct Broadband World Forum 2019
16 Oct Netflix Q3 2019
16 Oct Limelight Networks Q3 2019
16 Oct Dtac Q3 2019
16 Oct Crown Castle Q3
16 Oct Berec stakeholder forum
17 Oct Ericsson Q3 2019, Investors day
17 Oct Elisa Q3 2019
17 Oct Telia interim report
17 Oct Central European Media Q3 2019
17 Oct Tele2 Q3 2019
18 Oct Digi Q3 2019
21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3
22 Oct Calix Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct AT&T Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Telenor Q3 2019
23 Oct Millicom Q3 2019
23 Oct Netgear Q3
23 Oct Microsoft fiscal Q1
23 Oct Annual Customer Service Summit
::: More Calendar Items