Independent News & Media expects earnings per share to grow 15-16% this year while revenue will rise around 9-10%, its chief operating officer said today.
Gavin O'Reilly was speaking during a visit to the company's South African businesses. He also said that net profit before minorities would grow around 35% in 2005.
'The market has earnings per share growth of around 15-16% and we are very happy with that,' O'Reilly said in Johannesburg.
He also confirmed that he was happy with analyst forecasts for annual earnings per share of around 16 cents.
