To view the PDF file, sign up for a MySharenet subscription.

MPACT LIMITED - Trading Statement

Release Date: 08/02/2016 14:00
Code(s): MPT     PDF:  
Wrap Text
Trading Statement

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT
ISIN: ZAE000156501
(“Mpact” or “the Group”)

TRADING STATEMENT

Mpact is currently finalising its financial results for the year ended 31 December 2015, which are
expected to be released on the Stock Exchange News Service on or about 2 March 2016. In this
regard, shareholders are advised that earnings per share (“EPS”) and headline earnings per share
(“HEPS”) are likely to exceed the prior year comparable period by more than 20%.

Mpact expects EPS, HEPS and underlying EPS for the year ended 31 December 2015 to be within the
ranges shown below:




        EPS (cents)                     355 to 380 cents per share, or a 37% to 47% increase
        (December 2014: 259.1)

        HEPS (cents)                    355 to 380 cents per share, or a 35% to 45% increase
        (December 2014: 262.7)

        Underlying EPS (cents)          355 to 380 cents per share, or a 32% to 41% increase
        (December 2014: 269.2)


The expected increase in EPS is due to an improved trading performance and a lower effective tax
rate compared to the prior year comparable period. The Group revenue for the year ended 31
December 2015, which corresponds to these earnings estimates, increased by 10.8% when
compared to the same period last year, while the recognition of deferred tax on previously
unrecognised tax losses results in a lower effective tax rate.

Shareholders are advised that the financial information on which this trading statement is based has
not been reviewed and reported on by the Company’s external auditors.




Melrose Arch
8 February 2016


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 08/02/2016 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.