Brett and Mark Levy will have to cough up tens of millions of rand each after Blue Label’s plans to expand in India went awry.
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Blue Label Telecoms has reported a big jump in profits in the year ended 31 May 2015, with headline earnings per share climbing by 21% on the back of an expansion in gross margins from 7% to 7,5%
JSE-listed Blue Label Telecoms has hiked headline earnings per share by 17% in the year ended 31 May 2013 if the effect of a once-off income receipt of R79,4m in the prior year is excluded. The strong performance came despite relatively flat revenue growth from continuing operations
An improvement in gross profit margins and a reduction in the number of shares in issue have helped JSE-listed Blue Label Telecoms lift normalised headline earnings per share by 26% in the six months ended 30 November 2012. Normalised headline