FAMOUS BRANDS LIMITED - Trading Statement for the six months ended 31 August 2022

Trading Statement for the six months ended 31 August 2022

FAMOUS BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1969/004875/06)
Share code: FBR
ISIN code: ZAE000053328
(“Famous Brands” or “the Group”)

TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 AUGUST 2022

The Board of Directors (“Board”) is satisfied that a reasonable degree of
certainty exists that the Group's financial results for the six months ended
31 August 2022(“review period”) will differ by at least 20% from those
reported for the six months ended 31 August 2021 (“the prior comparable
period”) and is therefore able to issue this trading statement in terms of
Section 3.4(b)(i) of the Listings Requirements of the JSE Limited.

The business continues to steadily recover due to COVID-19 restrictions
having been lifted and customers returning to restaurants.

The reported headline earnings per share (HEPS)is expected to increase
between 99% and 143% when compared to the prior comparable period and the
reported basic earnings per share (BEPS) is expected to increase between
143% and 197% when compared to the prior comparable period.

The improvement in earnings is mainly driven by an increase in revenue across
the business. Furthermore, BEPS was positively impacted by the GBK
Restaurants Limited, UK (GBK) liquidation dividend of R 75 million that
was paid in August 2022.

                          31 August 2021    Expected growth   31   August  2022
                          Prior   period                      Expected earnings
                          comparable              %
                          earnings                            cents
                          cents
BEPS                          96             143 - 197        233 - 285
HEPS                          97             99 - 143         193 - 236

The Group's results for the review period will be published on SENS on or
about Wednesday, 26 October 2022.

A live audio webcast of the results will be held at 10H00 (SAST) on 
26 October 2022. To pre-register link to: www.corpcam.com/famousbrands26102022.

The financial information on which this announcement is based has not been
reviewed or reported on by the Group’s external auditors.

10 October 2022
Midrand

Sponsor and Corporate Broker
The Standard Bank of South Africa Limited




                                                                        

Date: 10-10-2022 10:41:00
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