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COMBINED MOTOR HOLDINGS LIMITED - Trading statement for the financial year ended 28 February 2023

Release Date: 05/04/2023 10:55
Code(s): CMH     PDF:  
Wrap Text
Trading statement for the financial year ended 28 February 2023

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH       ISIN: ZAE000088050
(“CMH”)

TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2023

In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading
statement as soon as it becomes aware that the financial results for the next period to be reported on will show a
20% or more difference from those of the previous corresponding period.

CMH hereby advises that a reasonable degree of certainty exists that, for the year ended 28 February 2023:

–   Headline earnings per share (“HEPS”) is expected to increase by between 20% and 30%, resulting in a
    HEPS of between 601,2 cents and 651,3 cents per share as compared with 501,0 cents per share for the
    comparative period; and
–   Earnings per share (“EPS”) is expected to increase by between 15% and 25%, resulting in an EPS of
    between 576,3 cents and 626,5 cents per share as compared with 501,2 cents per share for the
    comparative period.

This financial information has not been reviewed and reported on by the auditors of CMH. The results for the year
ended 28 February 2023 are expected to be published on or about 3 May 2023.


Durban
5 April 2023

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 05-04-2023 10:55:00
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