Exxaro expects to report higher FY18 earnings

JSE-listed coal and heavy minerals miner Exxaro Resources expects to report attributable earnings per share (AEPS) of between R26.90 and R28.86 for the year ended December 31, 2018, which is an increase of between 39% and 49% compared with the R19.23 apiece reported for the year ended December 31, 2017.

Headline earnings per share (HEPS) for the period should be between R26.07 and R27.08, compared with R5.02 apiece in the prior comparable period.