Reunert expected annual basic and headline earnings a share to equal 2008 earnings, the electronics firm said yesterday, sending its shares up more than 7 percent. The stock then retreated to close 6.3 percent higher at R52.60. The firm said the improvement in earnings was thanks to its investment in Nokia Siemens. In August Reunert forecast a 17 percent to 27 percent fall in full-year headline earnings a share due to deteriorating trading conditions and a drop in business volumes. - Reuters
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