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ILIAD AFRICA LIMITED - Trading Statement

Release Date: 16/02/2015 15:00
Code(s): ILA     PDF:  
Wrap Text
Trading Statement

Iliad Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/011938/06)
Share code: ILA & ISIN: ZAE000015038
("Iliad" or "the Company")


TRADING STATEMENT


In accordance with paragraph 3.4(b) of the listings requirements of the JSE Limited, shareholders are
advised that Iliad’s results for the year ended 31 December 2014 will reflect earnings per share (EPS) and
headline earnings per share (HEPS) as follows:

      Reporting
                                         EPS                                         HEPS
       Period

                          2014           2013        % change          2014           2013       % change

                       Cents per      Cents per                      Cents per     Cents per
                         share          share                          share         share

 
1st Half                     30.3        (39.0)          (178)           30.0          0.4          7400

 
2nd Half (range)       41.2 – 44.2        34.2          20 - 29      40.5 – 43.5       39.6         2 – 10

Full year (range)      71.5 – 74.5       (4.8)      (1590 - 1652)    70.5 – 73.5       40.0         76 - 84




The improved performance reflects, inter alia, the benefits of the portfolio adjustments including the
disposal of components of Timber Wholesale, Ceramics and Ceramics Cash & Carry businesses
implemented during the preceding year.

The financial information on which this trading statement is based, has not been reviewed by the
company’s auditors. The company’s results will be released on or about 17 March 2015.




16 February 2015
Johannesburg
Sponsor: Bridge Capital Advisors (Pty) Limited

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