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TRE - Trencor - Trading Statement for the year ended 31 December 2011

Release Date: 03/02/2012 16:18
Code(s): TRE
Wrap Text

TRE - Trencor - Trading Statement for the year ended 31 December 2011 TRENCOR LIMITED (Incorporated in the Republic of South Africa) (Registration no 1955/002869/06) Share Code: TRE ISIN: ZAE000007506 ("Trencor") TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2011 Listed companies are required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the period will differ by at least 20% from those of the previous corresponding reporting period. Shareholders in Trencor are advised that adjusted headline earnings per share (which excludes the effect of unrealised foreign exchange gains and losses arising on the translation of the net long-term receivables and related valuation adjustment) are expected to be between 25% and 35% higher than the 369,4 cents achieved in 2010. Basic earnings per share (332,5 cents in 2010) and headline earnings per share (335,5 cents in 2010) are expected to be between 65% and 75% higher for the year ended 31 December 2011. This financial information has not been reviewed and reported on by Trencor`s independent auditors. The reviewed results in respect of the year ended 31 December 2011 are expected to be published in the second half of February 2012. ON BEHALF OF THE BOARD NI JOWELL CHAIRMAN 3 February 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) www.trencor.net Date: 03/02/2012 16:18:06 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.

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