Veritas shares jump 16% as it affirms annual earnings guidance, says business is improving

Veritas shares jump 16% as it affirms annual earnings guidance, says business is improving
Paul McBeth
By Paul McBeth April 27 (BusinessDesk) - Veritas Investments' shares jumped 16 percent after the food and beverage company affirmed its annual earnings guidance and said its three divisions are all showing signs of improvement.  Stripping out one-off and significant costs, profit from continuing operations is expected to be between $3 million and $3.5 million in the 12 months ending June 30, the Auckland-based company said in a statement. Veritas posted a first-half loss of $4.8 million when it took impairment charges and other write-down...