Nampak to report significant increase in full-year EPS, HEPS
Packaging company Nampak expects to report a significant increase in its earnings per share (EPS) and headline earnings per share (HEPS) for the financial year ended September 30, with HEPS for total operations to be between R119.50 and R122, compared with the HEPS of R13.78 reported for the 2024 financial year.
EPS for total operations are, meanwhile, expected to be between R411.50 and R420, compared with the loss a share of R45 reported for the prior financial year.
Nampak notes that the increase in EPS is mainly the result of the recycling of a net foreign currency translation reserve of R2.2-billion.
Meanwhile, HEPS for continuing operations are expected to be between R101 and R107, compared with the HEPS of R33.61 reported for the 2024 financial year, while EPS for continuing operations are expected to be between R132 and R145, compared with the EPS of R75.54 reported for the prior financial year.
Significant one-off post-tax items affected the HEPS and EPS for the 2025 financial year and include a significant interest cost reduction of R369-million, a pension fund surplus of R47-million and a net R195-million settlement of an outstanding Covid-19 insurance claim.
The company points out that the 2024 financial year had benefited from a post-retirement medical aid gain of R212-million, offset by other nonrecurring costs of R372-million.
Nampak plans to publish its results for the financial year on December 8.
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