News: CUP Countplus updates FY 2016 earnings guidance

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    Feb 10 (Reuters) - Countplus Ltd (CUP) :

    • Cup - market update and FY 2016 earnings guidance (CUP)
    • Expected our full year 2016 operating profit before tax and minorities to be

      in line with last year

    • Anticipate our latest full year 2016 reforecast operating results excluding

      abnormals to be around 20% below last year

    • First half results are down primary due to higher provisioning charges and an

      impairment of one of our smaller accounting businesses

    • Expect our full year net profit after tax to be higher than last year
    • Expect the second half to be stronger than the prior year
                            
 
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