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IN BRIEF: Old Mutual expects at least 65% rise in interim earnings

ALN

Old Mutual Ltd - Anglo-South African financial services firm - Expects basic earnings per share in the six months ended June 30 to rise by between 65% and 85% to between 4,924 rand cents and 5,520 cents from 2,984 cents in the previous year. Headline earnings per share are expected to rise by between 52% and 72% to between 4,824 cents and 5,455 cents from 3,155 cents. Headline earnings are expected within a range of R 4.82 billion to R 5.46 billion, up by 53% to 73% from R 3.16 billion the previous year.

Current stock price: R 11.45

12-month change: down 15%

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