Zeder Investments Ltd. provided earnings guidance for the six months ended August 31, 2013. For the six months, the company expects recurring headline earnings per share will be between 9.0 cents and 9.4 cents, or between 5.9% and 10.6% higher than that for the six months ended August 31, 2012; headline earnings per share will be between 7.2 cents and 7.6 cents, or between 22.0% and 28.8% higher than that for the six months ended August 31, 2012; and attributable earnings per share will be between 10.4 cents and 10.8 cents or between 1.8% and 5.5% lower than that for the six months ended August 31, 2012. The increase in recurring headline earnings per share was mainly due to improved contributions from Capespan, Zaad and Kaap Agri during the period.

The decrease in attributable earnings per share was mainly as a result of less non-headline gains made within Zeder's investment portfolio during the period.