Nictus Holdings Limited (NHL) says it expects significant increases across all recognised profitability benchmarks, with earnings per share (EPS) surging from 4.04c in 2020 to between 10.72c and 11.94c in its latest interim results scheduled for 9 December 2021.
Philippus Tromp, the company’s Managing Director, credited the company’s strong performance to its ability to adjust to the ever-changing environment and the fast tracking of long-term strategies to accommodate any significant unplanned developments.
“Nictus has been contributing to the Namibian Economy since 1945. It’s one of those truly Namibian companies that has stood firm through all the changes and turmoil experienced in the last 76 years that we have been in business” he said in a trading statement released on the Namibian Stock Exchange (NSX).
Apart from being invested in various sectors of the economy, he said, “we are committed to Namibia and believe that there is still a lot of opportunities in the current environment. We are always looking to diversify through our related entities and expand the group even further.”
NHL, whose business interests span retail motor vehicles, tyres, furniture, financial and insurance services, is the parent company of Nictus Furnishers Namibia, Auas Motors, TrenTyre Namibia and Corporate Guarantee.
