Diluted HEPS fell to -17cps from 24cps (restated). Diluted HEPS from continuing operations decreased from 14cps (restated) to -13cps. Revenue improved by 7.9% y-y to R3 215m, driven by the iOCO segment. GPM improved from 28.9% to 29.0%. OPM decreased from 5.4% to 3.4%. Expenses increased by 18% y-y, with expense to sales rising by 220bps to 25.8%. No Interim dividend declared. Post period-end EOH raised R500m from a rights issue and R100m from a specific issue which was used to pay down its bridge finance facility. Outstanding amount now R173m. EOH has signed a term sheet to refinance the remaining debt.
