MTN expects earnings boost for FY 2022 (BT)

In a trading statement published on Wednesday (1 March 2023), the group said that it anticipates earnings per share (EPS) to increase between 35% and 45%, while adjusted headline earnings per share (HEPS) is expected to increase by 12% to 22% for the period.

MTN said that earnings were boosted by a net gain on the disposal of its SA towers business, contributing 22 cents per share, while also drawing net profits from disposals of other properties, plants and assets. Click here to read full article