Invicta Holdings anticipates significant earnings increase for FY2025

Invicta Holdings Limited (JSE:IVT) has released a trading statement forecasting a substantial increase in earnings for the financial year ended March 31, 2025. The company anticipates EPS to increase by 54% to 60%, translating to an approximate rise of 266 cents to 295 cents, bringing EPS to between 758 cents and 787 cents. This increase is off a base of 492 cents reported for the prior comparative period and is primarily attributed to the inclusion of a transaction detailed within the current period. Additionally, HEPS is projected to increase by 11% to 17%, representing an approximate rise of 50 cents to 78 cents, resulting in HEPS of between 520 cents and 548 cents, compared to a base of 470 cents reported for the prior comparative period. The increase in EPS is significantly influenced by the disposal of a main warehouse in Singapore owned by Invicta's joint venture investment Kian Ann Engineering for a profit of R199 million. The financial results have not been reviewed by the company's external auditors, and Invicta Holdings expects to publish the official financial results on or around 30 June 2025.