Liberty H1 profit up as turnaround strategy gains ground
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Liberty's turnaround strategy seems to be gaining momentum. Over the half year period we've seen profit rise 6%… Operating earnings - grow 18%, so moving in the right direction but Diluted HEPS still down 1% . And with that, shareholders are in for a third year of no growth in interim dividends. As the company keeps the half-year payout at just over 2 rands. David Munro, Liberty's CEO joined Business Day TV on the line for detail behind the numbers