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PRIMESERV GROUP LIMITED - Trading Statement for the year ended 31 March 2023

Release Date: 26/06/2023 14:25
Code(s): PMV     PDF:  
Wrap Text
Trading Statement for the year ended 31 March 2023

Primeserv Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/013448/06)
("Primeserv” or “the company”)
Share code: PMV      
ISIN: ZAE000039277

TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2023

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a
trading statement as soon as they become aware that the financial results for the period to
be reported upon next may differ by at least 20% from the financial results for the previous
corresponding period.

Primeserv accordingly advises that management’s review of the financial results expected for
the year ended 31 March 2023 has indicated that Primeserv will reflect earnings of between
22.70 cents per share and 24.20 cents per share, in comparison to the earnings per share of
18.36 cents for the year ended 31 March 2022, and headline earnings per share of between
22.75 cents per share and 24.25 cents per share in comparison to the headline earnings per
share of 18.36 cents for the year ended 31 March 2022. This represents an increase in
earnings per share of between 24% and 32% and an increase in headline earnings per share
of between 24% and 32%.

The financial results on which this trading statement has been based have not been reviewed
or reported on by the company’s auditors. The financial results of the company will be
published on or about Thursday, 29 June 2023.


26 June 2023
Illovo, Sandton

Sponsor
Grindrod Bank Limited

Date: 26-06-2023 02:25:00
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