Crookes Brothers Limited provided earnings guidance for the year ending March 31, 2015. For the year, the company expects earnings per share to be between 275.0 cents and 335.0 cents compared to EPS of 1609.0 cents in the previous corresponding period, being the twelve months ended March 31, 2014, a decline of between 79% and 83%. EPS from continuing operations are expected to be between 275.0 cents and 335.0 cents compared to EPS from continuing operations of 633.1 cents in the previous corresponding period, a decline of between 47% and 57%.

Headline earnings per share are expected to be between 275.0 cents and 335.0 cents compared to HEPS of 676.8 cents in the previous corresponding period, a decline of between 51% and 59%. The earnings decline is principally caused by a reduced Swaziland sucrose price, poor growing conditions and strikes in Swaziland, and start-up problems at the development project in Mozambique.