SOUTH AFRICA: Metro Cash and Carry posts rise in earnings, turnover
South African retailer Metro Cash and Carry has reported a 29% rise in full-year earnings, boosted by its overseas operations, and forecast solid growth. The company said headline earnings per share (EPS), which strip out exceptional items and their tax effects, increased to 26.18 cents for the 12 months to 30 April 2003, compared with 20.23 cents in the previous year.
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