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SEA HARVEST GROUP LIMITED - Trading Statement

Release Date: 29/05/2025 07:05
Code(s): SHG     PDF:  
Wrap Text
Trading Statement

Sea Harvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2008/001066/06)
Share code: SHG ISIN: ZAE000240198
("Sea Harvest" or "the Group")

TRADING STATEMENT

The Group is nearing the end of its 6-month period ending 30 June 2025. In accordance with section
3.4(b) of the Listings Requirements of the JSE Limited ("JSE"), a company must publish a
trading statement once it is satisfied that a reasonable degree of certainty exists that the financial results
for the period to be reported on next will differ by at least 20% from the financial results reported in the
prior comparative period.

The Group is satisfied that a reasonable degree of certainty exists that for the period ending
30 June 2025, the total basic headline earnings per share (HEPS) and total basic earnings per share
(EPS) will be more than 20% higher than the reported HEPS of 50 cents and EPS of 61 cents for the
prior comparative period.

The expected increase in earnings is primarily attributable to improved catch rates, efficiency gains and
sales price increases in the South African fishing business.

Further earnings guidance will be provided to shareholders when the Group has reasonable certainty
of the anticipated HEPS and EPS range, in accordance with paragraph 3.4(b) (iii) of the
Listings Requirements of the JSE

The Group is expected to release its interim results on the Stock Exchange News Service on or about
2 September 2025.

The financial information and any forward-looking statements in this announcement have not been
reviewed or reported on by the Group's auditors.

29 May 2025

Sponsor:
The Standard Bank of South Africa Limited

Date: 29-05-2025 07:05:00
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