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Pinnacle reports dramatic turnover upturn

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Pinnacle's turnover increased by 33,7% for the six months to 31 December, with gross profit increasing to 17,5% and operating profit to 7,3%.

Earnings per share is expected to be between 34 cents and 35 cents per share – about 53% to 58%  higher than in the same period last year.
Fully diluted headline earnings per share is projected to be between 27.8 cents and  29 cents per share, being between 50% and 56% higher than the year before.
The official company results for the six-month period will be published early next week.