Villa World Limited. revised earnings guidance for fiscal 2014. The company is targeting a net profit before tax for fiscal 2014 of $17.5 million - $19.5 million (unaudited). This compares to a statutory net loss after tax of $13.5 million for fiscal 2013, and represents an increase of 56% - 74% against underlying operating profit before tax (unaudited) of $11.2 million for fiscal 2013. Fiscal 2014 earnings will be weighted to second half of 2014.

The company is targeting a net profit before tax for the first half of 2014 of $5.0 million (subject to audit). This compares to a statutory net loss after tax of $19.7 million and an underlying operating profit before tax (unaudited) of $7.1 million for the first half of 2013.