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

KDV - Kaydav Group Limited - Trading statement for the year ended 31 DECEMBER

Release Date: 18/03/2011 12:46
Code(s): KDV
Wrap Text

KDV - Kaydav Group Limited - Trading statement for the year ended 31 DECEMBER 2010 KAYDAV GROUP LIMITED Incorporated in the Republic of South Africa (Registration number 2006/038698/06) JSE code: KDV & ISIN: ZAE000108940 ("KayDav" or "the company") TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2010 In terms of the Listings Requirements of the JSE Limited ("JSE Listings Requirements"), 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 will differ by at least 20% or more from the financial results for the previous corresponding period. The group accordingly advises shareholders that it is expecting headline earnings per share of between 3.8 and 4.0 cents compared to headline earnings per share of 2.3 cents for the year ended 31 December 2009. Earnings per share of between 3.2 and 3.4 cents per share are expected, compared to 2.3 cents for the previous corresponding period. Earnings are expected to be in line with the previous year`s R6 505 388, while headline earnings are expected to be between 16% and 19% above the R6 541 413 reported for the year ended 31 December 2009. The company repurchased 52 548 900 KayDav ordinary shares between 1 January 2010 and 31 December 2010. The financial information on which this trading statement is based has not been audited or reviewed by the company`s auditors. The financial results for the year ended 31 December 2010 will be published on SENS by no later than 31 March 2011. 18 March 2011 Sponsor Java Capital Date: 18/03/2011 12:46:00 Supplied by www.sharenet.co.za 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.

Share This Story