Huge Group interim higher

Telecoms group Huge Group expects half year earnings and headline earnings per share to rise by between 750% and 770% to a range of 26.25 cents and 26.95 cents per share, it said on Monday.

The group note reminded shareholders that the earnings for the interim period that ended on August 31 2007 consisted of the trading results of the company for only one month after listing.

For perspective, the current expected increase in earnings per share and headline earnings per share for the six-month interim period that ended on August 31 2008 would be 25% to 28.33% higher than the corresponding full six-month period in the previous year, calculated on the August 2007 run rate.

The results are expected to be published on or about October 20, 2008

By Staff Writer