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Cadiz Holdings shareholders are advised that basic and diluted earnings per share for the year ended 31 March 2014 (“the period”) are expected to be between 10% and 15% higher than the corresponding period.
Cape Town – Financial services group Cadiz Holdings has made steady progress in implementing its turnaround plan in the six months to September 2013, with earnings per share from continuing operations increasing by 25%.
Entrepreneur companies have seen an overall average of 43% increase in revenue and 19% increase in permanent staff, with successful application for finance rising by 13%.
Three investment firms join the programme to access high-potential entrepreneurs; new business development support (BDS) rating tool to be developed and launched.
Cape Town – Cadiz Holdings today reported growth of 175% in diluted headline earnings per share for the year to March 2013 as the group started to benefit from its new strategy and decentralised business model.
Headline earnings increased from R1.9 million in 2012 to R5.1 million in 2013 and the group declared a dividend of 7 cents per share.
South Africa’s life and pension fund savings pool has grown to more than R3 trillion. Of this savings pool, less than 1% is currently invested into Socially Responsible Investing (SRI) or high impact unlisted credit.
Cadiz Asset Management received the South African Multi-Strategy Hedge Fund Award for its management of the
Cadiz ZAR Opportunities Fund at the HedgeNews Africa Awards 2012 ceremony held in Cape Town on 21
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