Edition:
India

Discovery Sees HY Normalised HEPS C366.6 Cents


Friday, 15 Feb 2019 

Feb 15 (Reuters) - Discovery Ltd ::TRADING UPDATE AND VOLUNTARY TRADING STATEMENT: SIX MONTHS ENDED 31 DECEMBER 2018.DISCOVERY'S NORMALISED HEADLINE EARNINGS PER SHARE IS EXPECTED TO DECREASE BY APPROXIMATELY 16% TO C366.6 CENTS.FOR FY 2019, CO PLANNED TO INCREASE INVESTMENT INTO NEW STRATEGIC INITIATIVES CREATING EXPECTED REDUCTION IN GROUP EARNINGS.ESTIMATES A FURTHER R90M TO BE SPENT ON BUILD UNTIL PUBLIC ROLL OUT AND A FURTHER R180M ON TEST AND RUN. 

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