Putprop sees headline earnings gain

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JSE-listed property investment group Putprop (PPR) says that for the year ended June 2013 its headline earnings per share are expected to be between 79.4 cents and 94.2 cents compared with HEPS of 74.1 cents for the year ended June 2012.

Earnings per share are expected to be between 163.6 cents and 184.4 cents from EPS of 104.4 cents a year ago.

The improvements were owing to better fair value adjustment on properties‚ Putprop said.

Its results are expected to be released on or about 18 September.


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