ARB HOLDINGS LIMITED - Trading Update

ARB HOLDINGS LIMITED
(Registration number: 1986/002975/06)
Share code: ARH      ISIN: ZAE000109435
('ARB' or 'the company')

TRADING UPDATE


In accordance with paragraph 3.4 of the Listings Requirements

of the JSE Limited, a listed company is required to publish a

trading statement 'as soon as it becomes aware, with a reasonable

degree of certainty, that the financial results for the next

period to be reported on are likely to vary by more than 20%
from the previous corresponding period.'


Shareholders are advised that ARB expects its earnings per share

(EPS) and headline earnings per share (HEPS)for the six months

ended 31 December 2020, to be between 39.5 cents and 42.5 cents

which is between 20% and 30% higher than the EPS of 32.87 cents

and between 20% and 30% higher than the HEPS of 32.65 cents

reported for the six months ended 31 December 2019.


The expected increase arises primarily from improvement in gross

profits and reductions in operating expenses which have resulted

in an increase in operating income, offset by an IFRS income

statement charge to increase the put option liability.


ARB's results for the six months ended 31 December 2020 are

expected to be released on Thursday 11 February 2021.


The information on which this trading update has been based has

not been reviewed or reported on by the company's auditors.

Durban
3 February 2021
Sponsor
Grindrod Bank Limited

Date: 03-02-2021 03:46:00

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