SOLPublished results today and they are looking good.
FINANCIAL PERFORMANCE
- Earnings per share up 112% to R23,92
- EBITDA up 10% to R27 billion
- Core headline earnings per share up 18% to R21,45
- Normalised cash fixed costs contained to below inflation target
- Dividend per share* R5,90 (3,6x CHEPS)
* Our dividend policy is to pay dividends with a dividend cover on core headline earnings per share (CHEPS)
Resistance is R42500, if it gets broken no resistance to 44500. This is short term view will see how market opens.
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