Spur Corporation Limited provided earnings guidance for the six months ended December 31, 2014. For the period, the company expects EPS and diluted EPS in the range of 59.50 cents to 63.75 cents and HEPS and diluted HEPS in the range of 58.90 cents to 63.10 cents. The decline in earnings is due to the accounting for the broad-based black economic empowerment equity transaction with Grand Parade Investments Limited effected on 30 October 2014.

Excluding the impact of the GPI transaction, HEPS is anticipated to increase by between 14.0% and 19.0% from 85.14 cents in the previous comparable period to between 97.05 and 101.31 cents for the period to 31 December 2014.