Stefanutti Stocks Holdings Limited announced that the group has adopted International Financial Reporting Standards (IFRS) 9: Financial Instruments. IFRS 15: Revenue from Contracts with Customers and IFRS 16: Leases effective 1 March 2018. As a consequence of the adoption of the above IFRS standards, the prior period's comparative earnings per share and headline earnings per share have been restated. The company now expects earnings per share to be in the range of 56.75 cents and 65.48 cents per share representing an increase of between 30% and 50% more than the restated 43.65 cents per share for the comparative period. Headline earnings per share is expected to be between 55.90 cents and 64.19 cents per share representing an increase of between 35% and 55% more than the restated 41.41 cents per share for the comparative period.