Stadio Holdings shares surge by more than 9% on strong trading
By Sandile Mchunu
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DURBAN - STADIO Holdings share price surged by more than 9 percent on the JSE yesterday morning after the investment company in private higher education said it expected its full-year earnings to increase as much as 41 percent for the year to end December.
Its share price later closed the day at R2.27.
The group expected its core headline earnings per share to be between 13.1 cents a share and 15.3c, an increase of between 21 percent and 41 percent compared to 10.8c reported last year.
Stadio said it utilised core headline earnings to measure and benchmark the underlying performance of the business.