MTN has announced its trading update for the year ended 31 December 2018.
MTN expects to report an almost doubling in earnings with growth in full year headline earnings per share forecast at between 80% and 90%.
MTN further noted that headline earnings per share were negatively impacted by a number of once-off and non-cash items totaling approximately 220 cents.
MTN is encouraged that post the resolution with the Central Bank of Nigeria MTN Nigeria has resumed dividend payments to its shareholders.
“We are encouraged by the progress made and we are looking forward to sharing our full results on the 7 March 2019.” said Rob Shuter, MTN Group President and CEO. – Issued by MTN Group Corporate Affairs
About the MTN Group
Launched in 1994, the MTN Group is a leading emerging market operator, connecting more than 200 million subscribers in 21 countries in Africa and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN”. MTN is pursuing its BRIGHT strategy with a major focus on growth in its data, financial services and digital businesses.