Alexander Forbes Group Holdings Limited provided earnings guidance for the year ended 31 March 2018. For the year, the company expects profit from operations before non- trading and capital items to be between 4% to 6% (ZAR 977 million to ZAR 995 million) higher than the ZAR 937 million reported for the year ended 31 March 2017. This expected increase reflects, in particular, operating and expense efficiencies combined with revenue growth across key business lines aligned to its Ambition 2022 strategy. Headline earnings for the period are likely to decrease by between 15% and 20% from ZAR 683 million reported in the prior year to between ZAR 546 and ZAR 580 million. As a result of the non-cash goodwill impairment charge recognised in the current year earnings per share for the period is expected to be between 16.1 cents and 21.8 cents per share, a decline on the prior year of 81% to 86%. Headline earnings per share for the period is likely to be between 43.1 cents and 45.7 cents per share, a decrease of between 14% and 19% for the year ended 31 March 2018. This is to be compared with 53.4 cents per share in the prior period.