Adcorp Holdings Limited provided earnings guidance for the year ended 28 February 2015,. For the year, the earnings per share are expected to increase by 33% to 35% and headline earnings per share are expected to increase by 57% to 59%, compared to the corresponding period. EPS and HEPS are therefore expected to be between 235 cents and 239 cents per share and between 296 cents and 300 cents per share, respectively, compared to EPS of 176.9 cents and HEPS of 188.6 cents in the corresponding period.

The increase in earnings and headline earnings is due to the first full period inclusion of the contribution from Labour Solutions. On a normalized trading position, where non-cash flow IFRS adjustments are eliminated, normalized earnings per share are expected to be between 13% and 15% higher than those for the corresponding period. As a result, normalized earnings per share are expected to be between 434 cents and 442 cents, compared to 384.3 cents in the corresponding period.