Hudaco Industries Limited provided earnings guidance for the year ended November 30, 2015. Earnings and headline earnings per share for the company's financial year ended 30 November 2015 have not been similarly impacted by the oneoff charge. Basic, headline and comparable earnings per share for the year ended 30 November 2015 are all expected to be within a range of 1140 cents and 1185 cents per share.

Comparable earnings per share will, therefore, increase by between 16% and 20%. Because the 2014 basic and headline earnings were so small for the reason, the percentage increases are too large to be meaningful. The comp any's financial results for the year ended 30 November 2014 were severely impacted by a charge for a tax settlement amounting to R312 million, which approximated the company's earnings for that year.