Liberty’s turnaround strategy seems to be gaining momentum. Over the half-year period profit has risen 6%, while operating earnings have grown 18%. Diluted headline earnings per share (HEPS) are down 1%, however.
And shareholders will have to put up with another year of static interim dividends, as the company keeps the half-year payout at just more than R2.
Liberty CEO David Munro spoke to Business Day TV about the numbers and what lies behind them.
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