Black-owned development fund settlement hits WBHO
1 Mar 2017: One-off nontrading items hit Wilson Bayly Holmes-Ovcon (WBHO) for a six in the interim period to December 2016. These included a R170m payment arising from the voluntary agreement the construction and engineering group had signed with the government. This saw headline earnings per share plunge 38%. Without this, earnings per share and headline earnings per share would have risen about 10%. Mish-al Emeran comments. View Article.