Famous Brands Limited provided earning guidance for the year ended February 28, 2019. The basic loss per share is expected to be within the range of 432 cents per share to 528 cents per share compared to the basic earnings per share of 22 cents per share in the prior corresponding period. This decrease in EPS is attributable to the following factors: an impairment of ZAR 873.9 million (pre-tax) relating to the GBK UK business, recognised at Group level; once-off costs of ZAR 17.2 million for professional fees and redundancy costs related to the Company Voluntary Arrangement ("CVA") completed at GBK UK during the review period; and an impairment of ZAR 25.5 million recognised in an associate company in which the Group has a minority stake.