Clover FY HEPS seen at least 20% up

Dairy group Clover Industries said on Monday it expected its headline earnings per share (HEPS) for the year ended June 2015 to be at least 20% or 20.55 cents higher than HEPS of 102.7 cents reported in the previous corresponding period.

Over the same period, earnings per share (EPS) is expected to be at least 20% or 20.46 cents higher than EPS of 102.3 cents reported in the previous corresponding period.

"There is currently insufficient certainty to enable the group to provide specific guidance on the extent of the expected increase in both HEPS end EPS and it is anticipated that Clover will publish a further trading statement closer to the release of its annual financial results on the Stock Exchange News Service, on or about 15 September 2015," Clover said.