Steinhoff shareholders are advised that the headline earnings per share ("HEPS") and earnings per share ("EPS") of Steinhoff for the six months ended 31 December 2011 will be between 40% and 50% higher than the HEPS and EPS as reported for the comparative six months ended 31 December 2010. The major contributors to the 40% to 50% increase relate to the inclusion of the results of Conforama Holding S.A (acquired in March 2011), a more favourable translation rate of the euro-earnings to rand, and the associate earnings earned on the investment in the JD Group Ltd. The information in this trading statement has neither been audited nor reviewed by the company's auditors.
2012-02-22 17:33:07