Full-year headline earnings per share at troubled JSE-listed technology services group EOH could fall by as much as 70%, it said on Thursday.
EOH and prospective black-owned equity partner Lebashe have amended their planned empowerment deal. Lebashe will now invest R1-billion in the JSE-listed technology services group.
The collapse in EOH’s share price continues unabated. The JSE-listed IT group fell as much as 14.8% on Tuesday after tumbling 9.7% on Monday, reaching levels last seen eight years ago. It recovered some
EOH’s share price plunged more than 20% on Wednesday after the JSE-listed technology services group disappointed investors with a weaker-than-expected earnings update. The update, announced just days after the
EOH, one of South Africa’s largest business technology services companies, has announced a major restructuring, which will result in the creation of two distinct businesses in the group, one of which will continue to trade under