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 will take an almost R6.71/share hit to its earnings per share for the full-year to 31 May 2019 thanks to the ongoing woes at Cell C, it warned on Thursday.
Blue Label Telecoms has continued the strong performance it reported in its interim results earlier this year, turning in a solid earnings performance for the full-year to 31 May 2016. The JSE-listed technology group
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