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Amplats flags over 20% jump in FY'18 headline earnings

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Amplats flags over 20% jump in FY'18 headline earnings

Anglo American Platinum Ltd. expects its headline earnings and headline earnings per share for full-year 2018 to be at least 20% higher year over year.

The Anglo American PLC unit said Dec. 13 that it expects headline earnings to increase by 777 million South African rand from 3.89 billion rand a year ago, and headline EPS to increase by 2.97 rand per share from 14.82 rand per share.

Basic earnings and basic EPS are also expected to jump at least 20% year over year, for an increase of 302 million rand or 1.49 rand per share.

The year-ago basic earnings and basic EPS totaled 1.51 billion rand and 7.41 rand per share, respectively.