Clover Industries Ltd. provided earnings guidance for the six months ended December 31, 2012. For the period, the company expects headline earnings per share to be between 29% and 34% lower than the corresponding reporting period of the previous year. Further, earnings per share for the period are expected to be between 19% and 24% lower than the corresponding reporting period of the previous year.

The company reported revenue results for the six months ended December 31, 2012. For the period, the company's revenue increased by 11% compared to the previous comparative period, the growth achieved was not sufficient to compensate for the additional costs (marketing, sales and other fixed costs) incurred in relation to the launch of new products and platforms across the business.