Highlights
| Successful listing, capital raising of R1.3 billion |
| Microsoft Corporation’s acquisition of a 12% equity stake in the
group and the conclusion of a strategic collaboration agreement |
| Microsoft Corporation’s acquisition of a 38.85% equity stake in
Oxigen Services India |
Pro forma revenue  16.4% to R12.93 billion
(R11.1 billion in PLS) |
| Actual revenue 15.1% to R12.55 billion
(R10.9 billion in PLS) |
| Pro forma core net profit 9.1% to R371 million
(R340 million in PLS) |
| Actual net profit 25.5% to R181 million
(R144 million in PLS) |
| Pro forma core basic earnings per share 5.7% to 48.40 cents
(45.81 cents in PLS) |
| Actual basic earnings per share 16.5% to 30.65 cents
(26.30 cents in PLS) |
Commentary
INTRODUCTION
The Board of Blue Label Telecoms Limited (BLT) is pleased to present the pro forma results and audited results for
the financial year ended 31 May 2008. The results surpass the unaudited pro forma and forecast financial
information contained in the pre listing statement (PLS).
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