Aveng Limited provided earnings guidance for the six months ending 31 December 2015. The group anticipates reporting a headline loss, with HEPS reducing by at least 100% compared to 34.5 cents per share for 31 December 2014. The headline loss for the six months is expected to be no more than ZAR 300 million.

This compared to a headline earnings of ZAR 138 million for the period ended 31 December 2014 and a headline loss of ZAR 716 million for the second six months ended 30 June 2015. The Group will update shareholders with a more precise range once the year end has closed.