HUDACO INDUSTRIES LIMITED - Trading statement

Trading statement

Hudaco Industries Limited
(“Hudaco” or “the company”)
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273


TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited,
companies are required to publish a trading statement as
soon as they are satisfied that a reasonable degree of
certainty exists that the financial results for the period
to be reported on next will be more than 20% different from
those of the previous corresponding period.

Accordingly, shareholders are advised that, for the half-
year ended 31 May 2015, Hudaco’s comparable earnings per
share (“CEPS”) are expected to be at least 30% higher and
its headline earnings per share (“HEPS”) and basic earnings
per share (“EPS”)at least 20% higher than for the half-year
ended 31 May 2014. CEPS, HEPS and EPS are expected to be at
least 547 cents (2014: CEPS 416 cents, HEPS and EPS 456
cents).

When the board is satisfied that there is a reasonable
degree of certainty as to the maximum expected half-year
earnings, which are dependent on trading results for May
2015, it will provide guidance in that regard.

Hudaco’s results for the interim period ended 31 May 2015
are expected to be announced on SENS on Friday 26 June
2015.

This trading statement has not been reviewed or reported on
by Hudaco’s external auditors.

20 May 2015

Sponsor: Nedbank

Date: 20/05/2015 11:03:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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