Labat Africa Limited provided earnings guidance for the year ended February 28, 2015. The earnings per share is expected to move to 0.59 cents per share for the year ended 28 February 2015 from a loss of 3.46 cents per share for the prior period representing an improvement of 117%. The earnings per share from continuing operations is expected to move to 0.42 cents per share for the year ended 28 February 2015 from a loss of 3.03 cents per share for the prior period representing an improvement of 114%.

The headline earnings per share is expected to move to 0.61 cents per share for the year ended 28 February 2015 from a loss of 3.35 cents per share for the prior period representing an improvement of 118%. The headline earnings per share from continuing operations is expected to move to 0.40 cents per share for the year ended 28 February 2015 from a headline loss of 3.02 cents per share for the prior period representing an improvement of 113%.