Staff Writer
Nictus Holdings expects to report higher earnings for the financial year ended 30 June 2026, with earnings per share (EPS) projected to increase by between 13.94% and 23.94%.
In a trading statement issued on 11 September, the company said EPS is expected to range between 125.47 cents and 136.49 cents, compared with 110.12 cents in the previous corresponding period.
Headline earnings per share (HEPS) are expected to increase by between 16.47% and 26.47%, ranging from 125.24 cents to 136.00 cents, compared with 107.53 cents previously.
Nictus said the trading statement was issued in accordance with the Namibia Securities Exchange Listings Requirements, which require listed companies to publish a trading statement when they become aware that their expected financial results will differ materially from the previous corresponding period.
The company said the financial information contained in the announcement is the responsibility of its directors and has not been reviewed or reported on by its external auditor.
Nictus expects to publish its full financial results for the year ended 30 June 2026 on or about 30 September 2026.
The company is listed on the Namibia Securities Exchange under the share code NHL.
Nictus is the holding company of a group of companies, which retail motor vehicles, tyres, automotive glass, furniture and provide financial and insurance services in Namibia.
The group operates in three segments, namely retail, properties as well as insurance and finance.
