ARB Holdings Limited provided earning guidance for the six months ended 31 December 2020. For the period, shareholders are advised that ARB expects its earnings per share (EPS) and headline earnings per share (HEPS)for the six months ended 31 December 2020, to be between 39.5 cents and 42.5 cents which is between 20% and 30% higher than the EPS of 32.87 cents and between 20% and 30% higher than the HEPS of 32.65 cents reported for the six months ended 31 December 2019. The expected increase arises primarily from improvement in gross profits and reductions in operating expenses which have resulted in an increase in operating income, offset by an IFRS income statement charge to increase the put option liability.