Management consultancy company Adcorp’s shares fell as much as 8% on Wednesday morning to R10.80 a share, from Tuesday’s close of R11.74 a share, after it posted a headline loss a share of 27.9c for the year ended February 28. Its normalised earnings a share decreased by 76% year-on-year to 88.6c, while normalised earnings before interest, taxes, depreciation and amortisation dropped 51% to R303.8-million.
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