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    Holdsport FY core HEPS up 1.9%

    Retailer Holdsport on Tuesday reported increased headline earnings per share (HEPS) of 1.9% to 423.3c for the year ended February.
    Holdsport FY core HEPS up 1.9%
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    The group‚ which owns Sportsmans Warehouse and Outdoor Warehouse as well as Performance Brands‚ increased total sales by 3.1% to R1.417bn with retail sales up 3.3% to R1.365bn.

    A final gross dividend of 145c per share was declared‚ 11.5% higher than in the previous period.

    Holdsport repaid loans of R124.3m to Standard Bank during the year and replaced them with a R130m loan from FirstRand (FSR)‚ repayable by August 31 2016.

    Net debt amounted to R72.4m at the end of the current year compared to R87.9m in the prior year.

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
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