Capital appreciation expects earnings growth of up to 26%

Capital Appreciation Limited (JSE:CTAE) announced in a trading statement that its Basic Earnings Per Share (EPS) and Headline Earnings Per Share (HEPS) for the year ended 31 March 2025 are expected to be between 24% and 26% higher than the figures reported for the previous year. The company projects EPS to be in the range of 17.32 cents to 17.60 cents, while HEPS is estimated between 17.35 cents and 17.57 cents, compared to the restated figures for March 2024 of 13.97 cents and 13.99 cents, respectively. The company is finalizing its annual results and anticipates releasing audited figures around June 24, 2025. The performance was driven by strong results in the Payments division, complemented by improved contributions from the Software division. The group's divisions remain cash-generative, attracting new clients and diversifying revenue streams. The financial information in the trading statement has not been reviewed by the company's external auditors.