Trading statement for the 6 months ended 30 September 2017
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS ISIN: ZAE000179594
(“the Company” or “Ecsponent”)
Trading Statement for the 6 months ended 30 September 2017
In terms of paragraph 3.4(b) of the JSE Limited (“JSE”) Listings Requirements, companies are
required to publish a trading statement as soon as they are satisfied, with a reasonable degree of
certainty, that the financial results for the period to be reported upon next will differ by at least
20% from those of the previous corresponding reporting period.
The Board is pleased to advise shareholders that it is reasonably certain that the interim results for
the 6-month period ended 30 September 2017, when compared with the 6-month interim results
published for the period ended 30 June 2016* (“comparative interim period”), will differ as follow:
- earnings per share (“EPS”) is expected to increase by a minimum of 30%, resulting in a
minimum EPS of 2.893 cents per share, as compared to the EPS of 2.226 cents per share for
the comparative interim period; and
- headline earnings per share (“HEPS”) is expected to increase by a minimum of 60%, resulting
in a minimum HEPS of 1.577 cents per share, as compared to the HEPS of 0.986 cents per
share for the comparative interim period.
* The Company changed its financial year-end during the 2016 financial year from a 31 December
reporting date to a 31 March reporting date. The change resulted in the 31 March 2017 financial
period being extended to a 15-month period, commencing on 1 January 2016. As a result, the
comparative interim period ended on 30 June 2016, while the current interim period ended on
30 September 2017.
The financial information on which this trading statement is based has not been reviewed or
reported on by the Company's auditors. The financial results for the 6-month interim period ended
30 September 2017 will be released on or before 15 December 2017.
Pretoria
9 November 2017
Sponsor
Questco Corporate Advisory (Pty) Ltd
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