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

RBX - Raubex Group Limited - Trading Statement in respect of the year ended 28

Release Date: 05/04/2011 15:00
Code(s): RBX
Wrap Text

RBX - Raubex Group Limited - Trading Statement in respect of the year ended 28 February 2011 Raubex Group Limited (Previously Lexpub 49 Investments Limited) (Incorporated in the Republic of South Africa) (Registration number 2006/023666/06) JSE Share code: RBX ISIN:ZAE000093183 ("Raubex" or the "Company") Trading Statement in respect of the year ended 28 February 2011 Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the year ended 28 February 2011 to be between 20% and 30% lower compared to the corresponding audited period to 28 February 2010. This translates in both earnings per share and headline earnings per share ranging between 227 and 260 cents per share. The main factors influencing the Group`s performance include the persistent pricing pressures in the roads infrastructure sector generally and resultant downward effect on margins, as well as the negative impact of the Rand`s strength on the Zambian operations. The financial information on which this trading statement is based has not been reviewed or reported on by the Company`s auditors. The release of the annual results for the year ended 28 February 2011 is anticipated to be published on or about 16 May 2011. Centurion 5 April 2011 Sponsor Investec Bank Limited Date: 05/04/2011 15:00:03 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