Trading Statement – AECI said expected earnings per share (EPS) and headline earnings per share (HEPS) will be within the ranges of -24% to -18% and 12% to 18% respectively. The company’s financial losses were mainly driven by property, plant and equipment impairments, operational losses, and deferred tax write-offs. AECI plans to optimize returns from its existing businesses through a comprehensive turnaround project and remains cash generative and sufficiently capitalized.
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