mylesillidge
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Problems at prominent IT and engineering company in South Africa
Reunert has cautioned shareholders it expects to report significantly lower earnings per share (EPS) and headline earnings per share (HEPS) in its interim financial results for the period ending 31 March 2025.
In a trading statement on Wednesday, 21 May 2025, the company gave several reasons for the expected declines — including the sale of battery storage business Blue Nova Energy at a net loss.
Reunert has cautioned shareholders it expects to report significantly lower earnings per share (EPS) and headline earnings per share (HEPS) in its interim financial results for the period ending 31 March 2025.
In a trading statement on Wednesday, 21 May 2025, the company gave several reasons for the expected declines — including the sale of battery storage business Blue Nova Energy at a net loss.