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Aspen trading update, the market likes it!

Talking Aspen, they have just released a trading update for the full year end June. And the market is liking it, I can tell, because they are outperforming the broader index by around three percent. Quite simply, earnings per share are expected to be between 18 to 22 percent higher. HEPS are expected to be below that. BUT, HEPS from continuing operations are expected to exceed that 18 – 22 percent range given for EPS. It will be interesting to see how the Aussie operation is doing, we will learn more in 11 days time, on the 13th of September. Look forward to those!