The significant increase in earnings per share from continuing operations is attributable to normalised earnings generated from Australia.
The smaller increase anticipated in respect of earnings per share from total operations at 30 June 2016 is due to the loss recognised on the disposal of Capital Star Steel.
The summary consolidated financial statements for the year ended 30 June 2016 are expected to be released on SENS on 5 September 2016.
This statement has not been reviewed nor reported on by the company’s auditors.