Illovo Sugar expects higher half-year earnings

JSE-listed Illovo Sugar on Friday said earnings for the six-months to September 2012 were expected to be higher than the comparative period the year before.

The company said in a trading statement that earnings and headline earnings a share would be between 25% and 30% higher than that reported in the half-year ended September 2011.

The interim results would be released on November 15.

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