Implats’ interim earnings to rise on higher PGM prices

JSE-listed Impala Platinum (Implats) expects its headline earnings and headline earnings per share (HEPS) for the half-year ended December 31, to be between 42% and 62% and between 32% and 50% higher, respectively, year-on-year. Headline earnings are expected to be between R3.16-billion and R3.6-billion and HEPS will increase to between 408c and 465c apiece, compared with the headline earnings of R2.23-billion and HEPS of 310c reported for the six months ended December 31, 2018.