07-09-2016 09:10 via news.yahoo.com

Steinhoff reports 3 pct drop in earnings per share

South Africa-based retail group Steinhoff reported a 3 percent decline in its earnings per share on Wednesday, weighed down by an increased number of shares and the weaker rand currency. Steinhoff, which has been seeking to expand abroad with a series of acquisitions, the latest being the offers to buy U.S. bedding retailer Mattress Firm and Britain's Poundland, said diluted adjusted EPS came in at 29.5 euro cents in the year ended June, down from 30.3 cents the previous year. Adjusted EPS strip
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