Huge Group is expecting a dramatic decrease in its earnings for the latest half-year. The company has issued a trading statement for the six months ended 31 August 2013.

The company anticipates that earnings per share will be between 40% and 60% lower than the earnings per share of 9.95 cents for the six months ended 31 August 2012.

In addition, headline earnings per share will be between 20% and 40% lower than the headline earnings per share of 10.03 cents for the six months ended 31 August 2012.